Nextracker Inc. (NXT) reported strong financial results for the second quarter of fiscal year 2025, surpassing analysts' expectations. The company achieved revenues of $636 million, exceeding the estimated $615 million, and posted earnings per share (EPS) of $0.97, significantly higher than the anticipated $0.60. Additionally, Nextracker's EBITDA reached $173 million, outperforming the forecast of $127 million. The company also improved its revenue recognition from backlog to 90% over the last eight quarters, up from 80% in the previous quarter. Following the announcement, Nextracker's stock rose by 15.6% in pre-market trading, reflecting investor optimism about the company's performance and guidance.