NXT

NXT Energy Solutions Announces Second Quarter 2023 Results

Retrieved on: 
Friday, August 11, 2023

CALGARY, Alberta, Aug. 11, 2023 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX: SFD; OTCQB: NSFDF) today announced the Company's financial and operating results for the three and six months ended June 30, 2023.

Key Points: 
  • CALGARY, Alberta, Aug. 11, 2023 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX: SFD; OTCQB: NSFDF) today announced the Company's financial and operating results for the three and six months ended June 30, 2023.
  • The Company received an additional US$200,000 tranche on July 10, 2023 for a total of US$1,400,000 million to date.
  • Summary highlights of NXT's 2023 second quarter financial statements (with comparative figures to 2022) are noted below.
  • All selected and referenced financial information noted below should be read in conjunction with the Company's second quarter 2023 unaudited condensed consolidated interim financial statements, the related Management's Discussion and Analysis ("MD&A").

Nextracker and Asteelflash/USI Open New Electronics Manufacturing Line for U.S. Solar Power Plants

Retrieved on: 
Tuesday, August 8, 2023

Nextracker Inc. (NXT) , a global market leader of solar trackers and Asteelflash/USI, a high-end global electronics component manufacturer, today announced the grand opening of Asteelflash’s U.S. manufacturing line for Nextracker.

Key Points: 
  • Nextracker Inc. (NXT) , a global market leader of solar trackers and Asteelflash/USI, a high-end global electronics component manufacturer, today announced the grand opening of Asteelflash’s U.S. manufacturing line for Nextracker.
  • Asteelflash has expanded its capability to include dedicated production of Nextracker’s patented self-powered controller (SPC) and high voltage power supply.
  • Key components of the Nextracker controller include printed circuit board assembly (PCBA), battery integration, and other essential components used in the company’s solar tracking technology deployed globally.
  • Nextracker controllers are the “brain” and power supply enabling precision control of the company’s tracker systems such as NX Horizon™, the company’s flagship product for large-scale solar power plants.

NXT Energy Solutions Inc. Announces Results of Annual Meeting of Shareholders

Retrieved on: 
Friday, August 4, 2023

CALGARY, Alberta, Aug. 03, 2023 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX: SFD; OTC QB: NSFDF) is pleased to provide the voting results from its Annual Meeting of Shareholders held on August 2, 2023.

Key Points: 
  • CALGARY, Alberta, Aug. 03, 2023 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX: SFD; OTC QB: NSFDF) is pleased to provide the voting results from its Annual Meeting of Shareholders held on August 2, 2023.
  • Election of Directors: The incumbent six directors of the Company were re-elected to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed.
  • Appointment of Auditors: MNP LLP were appointed as the auditors of the Company for the next year at a remuneration to be determined by the Board of Directors.
  • Further details are set out in the Company's Information Circular dated June 30, 2023 posted on the Company's website and filed on www.sedarplus.com .

WWE® Returns to India This September With WWE Superstar Spectacle

Retrieved on: 
Tuesday, August 1, 2023

WWE® (NYSE: WWE) today announced its long-awaited return to India with WWE Superstar Spectacle at the GMC Balayogi Indoor Stadium (Gachibowli Indoor Stadium), Hyderabad, India, on Friday, September 8, 2023.

Key Points: 
  • WWE® (NYSE: WWE) today announced its long-awaited return to India with WWE Superstar Spectacle at the GMC Balayogi Indoor Stadium (Gachibowli Indoor Stadium), Hyderabad, India, on Friday, September 8, 2023.
  • This will mark the first live event to take place in India since 2017 and the first-ever WWE live event to be held in Hyderabad.
  • View the full release here: https://www.businesswire.com/news/home/20230801191134/en/
    WWE® RETURNS TO INDIA THIS SEPTEMBER WITH WWE SUPERSTAR SPECTACLE (Photo: Business Wire)
    Tickets for WWE Superstar Spectacle at the GMC Balayogi Indoor Stadium (Gachibowli Indoor Stadium) will be available from 12:00pm IST this Friday, August 4, 2023 at www.bookmyshow.com .
  • WWE Superstar Spectacle in India is produced and promoted by BookMyShow Live, the live entertainment experiential division of BookMyShow, India’s leading entertainment destination.

Leeward Renewable Energy and Nextracker Expand Strategic Partnership with 3-Year Volume Commitment Agreement for 3 Gigawatts of Solar Tracker Technology

Retrieved on: 
Tuesday, August 1, 2023

Leeward Renewable Energy (LRE), a high-growth renewable energy developer and independent power producer, and Nextracker (Nasdaq: NXT), a global market leader in utility-scale solar tracker and software optimization technology, today announced that they have signed a Volume Commitment Agreement (VCA) to deliver three gigawatts (GW) of Nextracker’s NX Horizon™ smart solar tracking system to LRE solar projects under development and construction through 2027.

Key Points: 
  • Leeward Renewable Energy (LRE), a high-growth renewable energy developer and independent power producer, and Nextracker (Nasdaq: NXT), a global market leader in utility-scale solar tracker and software optimization technology, today announced that they have signed a Volume Commitment Agreement (VCA) to deliver three gigawatts (GW) of Nextracker’s NX Horizon™ smart solar tracking system to LRE solar projects under development and construction through 2027.
  • This is the second VCA agreement between LRE and Nextracker, further extending their strategic partnership.
  • “We are pleased to expand our long-standing partnership with Nextracker, whose technology will enhance energy production at our facilities,” said Jason Allen, LRE Chief Executive Officer.
  • Nextracker will supply LRE finished steel product from its recently opened domestic steel manufacturing locations in Pennsylvania, Tennessee, and Texas as part of this agreement.

NXT® No Mercy Set for Bakersfield, Calif. on September 30

Retrieved on: 
Thursday, July 27, 2023

WWE® (NYSE: WWE) today announced that NXT No Mercy will take place live at Mechanics Bank Arena in Bakersfield, Calif. on Saturday, September 30.

Key Points: 
  • WWE® (NYSE: WWE) today announced that NXT No Mercy will take place live at Mechanics Bank Arena in Bakersfield, Calif. on Saturday, September 30.
  • Tickets for the premium live event go on sale Friday, August 4 at 10 a.m. PT via www.axs.com .
  • NXT No Mercy will feature the biggest Superstars from NXT in action, including NXT Champion Carmelo Hayes, NXT Women’s Champion Tiffany Stratton, Roxanne Perez, Wes Lee, Bron Breakker and more.
  • NXT No Mercy will stream live exclusively on Peacock in the United States and WWE Network everywhere else.

NXT Provides Updates on the Ataraxia Convertible Debenture and Preferred Share Terms

Retrieved on: 
Wednesday, July 26, 2023

As per an agreement between NXT and Ataraxia Capital (“Ataraxia”), both parties have agreed to delete Section 6.2 (Post-Liquidation Participation Right) from Schedule C.

Key Points: 
  • As per an agreement between NXT and Ataraxia Capital (“Ataraxia”), both parties have agreed to delete Section 6.2 (Post-Liquidation Participation Right) from Schedule C.
    The convertible debentures are for a term of two years.
  • The terms of the convertible debentures include an annual interest rate of 10%, paid quarterly and a fixed conversion price of US$0.143 per common share.
  • Holders of preferred shares shall be entitled to one vote for each preferred share held, and shall be entitled to vote as one class with the common shares.
  • At the option of Ataraxia, it may convert the convertible debentures into 9,790,209 voting convertible preferred shares as defined in Schedule C or 9,790,209 common shares.

Nextracker Reports First Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Wednesday, July 26, 2023

Nextracker (Nasdaq: NXT), one of the world’s leading providers of intelligent solar tracker and software solutions , today announced financial results for the first quarter ended June 30, 2023.

Key Points: 
  • Nextracker (Nasdaq: NXT), one of the world’s leading providers of intelligent solar tracker and software solutions , today announced financial results for the first quarter ended June 30, 2023.
  • First Quarter Fiscal 2024 Financial Highlights:
    GAAP net income of $63.6 million, $0.43 EPS
    Adjusted EBITDA of $83.7 million, an increase of 161% year-over-year
    Adjusted net income of $70.9 million, $0.48 Adjusted non-GAAP EPS
    An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules IV and V attached to this press release.
  • First Quarter Fiscal 2024 Business Highlights:
    Significant customer wins in Fiscal year 2023 Q1; new record backlog over $3 billion
    Completed successful secondary public offering, increasing Nextracker’s public float
    “I am very pleased with our Q1 results against both operational and financial metrics, as we continue serving global markets,” said Dan Shugar, Nextracker Founder and CEO.
  • Nextracker will host a conference call at 1:30pm PT today to discuss its financial results and outlook.

MasterCraft Debuts Industry’s Most Robust Lineup of Towboats with New Features and Enhancements for 2024 Models

Retrieved on: 
Wednesday, July 19, 2023

VONORE, Tenn., July 19, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Company, a MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) subsidiary and the world’s number one-selling towboat brand five years running, today announced new features and enhancements for its 2024 model year lineup. Boasting the industry’s most diverse lineup of towboats, including the all-new XT25 released in June, MasterCraft offers a boat to meet any consumer’s needs – each model delivering world-class wave performance, handcrafted quality, unmatched comfort, and seamless connectivity.

Key Points: 
  • In addition, underwater exhaust is now standard on the XStar S and all X and XT models.
  • For those looking for the ultimate in convenience and connectivity, MasterCraft’s industry-leading telematics system, available standard across all models, now includes remote battery switching.
  • Finally, MasterCraft has designed and manufactured power board racks, available on the XStar S, all XT, and X models.
  • The new features and enhancements for 2024 are now available at MasterCraft dealers around the U.S. For more information, visit MasterCraft.com and follow along on Instagram , YouTube , Twitter and Facebook .

A Sight For Sport Eyes Expands Prescription Sunglasses Line For Athletes

Retrieved on: 
Wednesday, July 12, 2023

A Sight For Sport Eyes has announced its new line of prescription sunglasses for athletes and outdoors enthusiasts who wish to protect their eyes from strain and injuries.

Key Points: 
  • To view an enhanced version of this graphic, please visit:
    Now customers can access prescription sunglasses, with many styles and lens technology options.
  • The products are carefully curated by category according to specific sports, such as cycling, running, climbing, golfing, hunting, and fishing.
  • With prescription sunglasses from A Sight for Sport Eyes, customers can ensure their eyes are protected from UV rays and debris.
  • A Sight for Sport Eyes has been providing prescription sunglasses for athletes since 1996.