Solar stock Nextracker’s strong quarter is eclipsed by backlog concerns — here’s where we stand

Posted on by newsflashtom
Solar stock Nextracker’s strong quarter is eclipsed by backlog concerns — here’s where we stand

In an aerial view, the Kayenta Solar Plant is seen on June 23, 2024 in Kayenta, Arizona. 

Brandon Bell |  Getty Images

Shares of Nextracker dropped in extended trading Thursday as questions about the solar technology firm’s backlog of projects overshadowed its better-than-expected quarterly results.

View of Earth's night lights with a glowing atmosphere captured from space.
Photo: Zelch Csaba / Pexels

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A breathtaking view of planet Earth showing continents and oceans against a dark backdrop.
Photo: Zelch Csaba / Pexels
AdvertisementDon't Outlive Your Benefits — Long-Term Care insurance with unlimited LTC funds for as long as you live. Call 1-800-317-0625
AdvertisementDon't Outlive Your Benefits — Long-Term Care insurance with unlimited LTC funds for as long as you live. Call 1-800-317-0625
AdvertisementDon't Outlive Your Benefits — Long-Term Care insurance with unlimited LTC funds for as long as you live. Call 1-800-317-0625

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AdvertisementDon't Outlive Your Benefits — Long-Term Care insurance with unlimited LTC funds for as long as you live. Call 1-800-317-0625
AdvertisementDon't Outlive Your Benefits — Long-Term Care insurance with unlimited LTC funds for as long as you live. Call 1-800-317-0625