Nextpower Inc. Q4 Profit Declines

(RTTNews) - Nextpower Inc. (NXT) released earnings for fourth quarter that Drops, from last year

The company's bottom line came in at $150.603 million, or $0.97 per share. This compares with $157.814 million, or $1.05 per share, last year.

Excluding items, Nextpower Inc. reported adjusted earnings of $162 million or $1.05 per share for the period.

The company's revenue for the period fell 4.7% to $880.517 million from $924.342 million last year.

Nextpower Inc. earnings at a glance (GAAP) :

-Earnings: $150.603 Mln. vs. $157.814 Mln. last year. -EPS: $0.97 vs. $1.05 last year. -Revenue: $880.517 Mln vs. $924.342 Mln last year.