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Flex Ltd (FLEX) Announces Q2 Fiscal 2024 Results and Plan to Spin-Off Nextracker

Company reports solid Q2 performance and reveals plans for Nextracker spin-off ....

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Nextracker to Separate From Flex Following Spinoff of Interests to Shareholders

By Denny Jacob Solar tracker and software solutions provider Nextracker is separating from Flex. Flex plans to effect a spinoff of all its remaining. ....

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Nextracker (NASDAQ:NXT) PT Lowered to $52.00

Nextracker (NASDAQ:NXT – Free Report) had its price target trimmed by JPMorgan Chase & Co. from $55.00 to $52.00 in a research note released on Thursday, Benzinga reports. The brokerage currently has an overweight rating on the stock. Several other equities research analysts have also issued reports on the stock. HSBC initiated coverage on shares […] ....

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Nextracker (NXT) Scheduled to Post Quarterly Earnings on Wednesday

Nextracker (NASDAQ:NXT – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, October 25th. Analysts expect the company to announce earnings of $0.28 per share for the quarter. Nextracker has set its FY24 guidance at $1.45-$1.65 EPS.Parties that wish to register for the company’s conference call can […] ....

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Renaissance Capital LLC Has $478,000 Stock Holdings in Nextracker Inc. (NASDAQ:NXT)

Renaissance Capital LLC boosted its position in Nextracker Inc. (NASDAQ:NXT – Free Report) by 30.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 12,008 shares of the company’s stock after purchasing an additional 2,774 shares during the period. Renaissance Capital LLC’s holdings in Nextracker were worth $478,000 […] ....

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