BRIEF-Nextpower Announces Entry Into Battery Energy Storage (Bess) And AI Data Center Markets With Definitive Agreement To Acquire Prevalon Energy, Increases Fiscal Year 2027 Outlook

Nextpower

Nextpower

NXT

0.00

May 28 (Reuters) - Nextpower Inc NXT.O:

  • NEXTPOWER ANNOUNCES ENTRY INTO BATTERY ENERGY STORAGE (BESS) AND AI DATA CENTER MARKETS WITH DEFINITIVE AGREEMENT TO ACQUIRE PREVALON ENERGY, INCREASES FISCAL YEAR 2027 OUTLOOK

  • NEXTPOWER - RAISES FY2027 REVENUE OUTLOOK TO $4-$4.4 BILLION, ADJUSTED EBITDA TO $845-$930 MILLION

  • NEXTPOWER - DEAL EXPECTED TO BE ACCRETIVE TO FY27 FINANCIAL OUTLOOK

  • NEXTPOWER - TO BUY PREVALON ENERGY FOR UP TO $365 MILLION IN CASH AND STOCK

  • OUTLOOK FY 2027 ADJUSTED DILUTED EPS $4.30 TO $4.73

  • FY2027 EARNINGS PER SHARE VIEW $4.58, REVENUE VIEW $4.02 BILLION -- LSEG IBES DATA

  • FY2027 REVENUE VIEW $4.02 BILLION -- LSEG IBES DATA

Source text: ID:nBwbxJS9na

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