Nextpower Inc
NXT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| gw | LOCK|zPl | LOCK|Z>R#>M |
Nextpower Earnings: Strong Backlog and Flurry of M&A Activity Continues; FVE Up to $70 From $64
Nextpower reported revenue of $935 million, up 8% year on year. Adjusted gross margin rose 360 basis points to 36.6%. The company also acquired the Prevalon energy storage business, Apex Power, and key assets of Zigor's inverter business, while announcing it will acquire Zimmerman PV-Steel.
