NXT Q1 2027 — Preliminary Earnings Alert
Event: Quartr Q1 2027 event Retrieved: 2026-07-30T20:16:34Z Source status: Earnings release and shareholder letter available; transcript unavailable.
Beat/Miss
Beat/miss unavailable — API Ninjas definition or period mismatch. API Ninjas returned a July 30 row with $935.4 million estimated revenue and $1.05 estimated EPS, but it did not provide fiscal-period, revenue-definition, or EPS-basis metadata. The approved metric-profile file has no NXT validation, so no comparison is shown.
Reported results and guidance
- Revenue was a record $935 million; GAAP net income was $165 million and GAAP diluted EPS was $1.07.
- Adjusted EBITDA was $233 million and adjusted diluted EPS was $1.20.
- Backlog exceeded $5.5 billion, with the July Prevalon acquisition adding incremental backlog materially above $300 million.
- FY2027 revenue guidance was raised to $4.1–$4.4 billion from $4.0–$4.4 billion; GAAP EPS guidance moved to $3.42–$3.64 and adjusted EPS to $4.42–$4.73.
Management points
- Management pointed to tracker demand, eBOS bookings, and platform expansion into energy storage, power conversion, and Europe.
- Updated outlook includes about $50 million of incremental costs related to accelerating entry into the power-conversion market.
Decision-relevant uncertainty
- Execution on the acquisition and power-conversion expansion, including realizing the expected backlog and earnings contribution, is the central watch item.