Array Technologies

Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company sells its products to engineering, procurement and construction firms that build solar energy projects and to large solar developers, independent power producers and utilities, master supply agreements or multi-year procurement contracts. It has offices in Europe, Central America, and Australia. The company's products include DuraTrack and SmarTrack. Array Technologies was founded by Ronald P. Corio in 1989 and is headquartered in Albuquerque, NM.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Array Technologies (ARRY) surpasses expectations, eyes growth amid challenges

Array Technologies delivered a strong financial performance in Q4 and full-year 2022, exceeding revenue and EBITDA expectations.
The company anticipates continued growth in 2023, focusing on maintaining free cash flow and investing in new product development.
Challenges include uncertainties around market conditions and regulatory definitions, while opportunities lie in expanding into diverse markets and optimizing operations.
Overall, Array Technologies remains well-positioned for growth, supported by a dedicated team and strategic investments in innovation and efficiency.

Array Technologies reports strong Q1 earnings, eyes future solar growth

Array Technologies had a robust Q1 2023 despite order book reduction, showcasing operational improvements and cost efficiencies. Challenges include delays in order conversions and gross margin impact on Legacy Array side. The company is optimistic about future growth potential and well-prepared for upcoming solar adoption phases.

Array Technologies reports robust Q2 earnings, eyes sustainable growth

Array Technologies excelled in Q2 2023, showcasing strong financial performance and strategic initiatives. Despite short-term challenges, the company remains focused on innovation, cost efficiency, and market positioning for future growth.

Array Technologies reports resilient Q3 performance amidst project challenges

Array Technologies showcased solid performance in Q3 2023, maintaining profitability and free cash flow expectations despite challenges in project timing.
The company's strengths lie in its strong pipeline with long-term agreements, expansion plans, and continued investment in product development.
While facing challenges from project delays and market dynamics, Array Technologies sees opportunities in cost reduction, new product demand, and debt reduction strategies.

Array Technologies reports record 2023 performance, eyes market growth

Array Technologies delivered a strong performance in 2023, exceeding revenue guidance and doubling adjusted EBITDA.
While facing challenges such as project delays and supply chain issues, the company is focused on cost reductions and customer benefits.
With a positive outlook for the back half of the year, Array is well-positioned to capitalize on market opportunities and drive growth.

Array Technologies exceeds Q1 revenue expectations amidst industry challenges

Array Technologies delivered strong Q1 performance, surpassing revenue expectations and maintaining healthy margins and EBITDA.
While facing challenges like project delays and industry uncertainties, Array's strategic strengths in product offerings and customer engagement position it well for growth.
The company's focus on international expansion, new product designs, and operational efficiencies presents promising opportunities for future success.

Array Technologies excels in Q3, anticipates strong growth in 2025

Array Technologies anticipates growth in 2025, supported by a positive outlook and active engagement with customers to navigate market challenges. The financial guidance for 2024 includes record annual adjusted gross margin, reduced effective tax rate, and increased free cash flow guidance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Invesco Solar ETF

Enphase Energy

Sunrun

SunPower

Today's news that Biden has backtracked on solar energy tariffs has sent solar stocks skyrocketing in today's session. The post Solar Stocks News: Why RUN, ARRY, ENPH, JKS, SPWR and TAN Are Blazing Today appeared first on InvestorPlace.

Solar Stocks News: Why RUN, ARRY, ENPH, JKS, SPWR and TAN Are Blazing Today

Sunnova Energy International Inc

Shoals Technologies Group

With a couple of exceptions, solar industry stocks were posting decent gains Monday morning following President Joe Biden's announced steps to boost solar manufacturing in the United States and roll back tariffs on solar modules and cells manufactured abroad for a period of 24 months.

Solar Stocks Get Some Sunshine From Biden

Array Technologies Inc (NASDAQ: ARRY) stock is up 20% this morning on a Reuters report that said President Biden will terminate new tariffs on solar panels. Details of the exemption on tariffs The exemption for two years that's relevant to imports from Cambodia, Malaysia, Thailand, and Vietnam will help mitigate supply pressures on the U.S. […] The post Array Technologies stock opened 20% up on Monday: this is why appeared first on Invezz.

Array Technologies stock opened 20% up on Monday: this is why

Array Technologies Inc (NASDAQ: ARRY) shares are trading higher Monday amid a report that President Biden will issue a proclamation allowing the import of solar panels from four Southeast Asian countries without tariffs for 24 months. According to a Reuters report, citing.

Why Array Technologies Stock Is Surging Today

SolarEdge Technologies

President Joe Biden will declare a 24-month tariff exemption for solar panels from four countries, Reuters reported.

Solar stocks jump after report that Biden administration will suspend tariffs

Array Technologies, Inc. (NASDAQ:ARRY ) Q1 2022 Earnings Conference Call May 10, 2022 5:00 PM ET Company Speakers Cody Mueller - Vice President of Finance & Investor Relations Kevin Hostetler - Chief Executive Officer & Director Nipul Patel - Chief Financial Officer Conference Call Participants Brian Lee - Goldman Sachs Colin Rusch - Oppenheimer & Co. Donovan Schafer - Northland Capital Markets Kasope Harrison - Piper Sandler & Co. Maheep Mandloi - Credit Suisse Mark Strouse - JPMorgan Chase & Co. Philip Shen - ROTH Capital Partners Operator Hello, and welcome to the Array Technologies First Quarter 2022 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

Array Technologies, Inc. (ARRY) CEO Kevin Hostetler on Q1 2022 Results - Earnings Call Transcript

ALBUQUERQUE, N.M. , May 06, 2022 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a leading provider of tracker solutions and services for the utility-scale solar energy industry, today announced that its management team will attend the following investor conferences.

Array Technologies to Participate at Upcoming Investor Conferences

ALBUQUERQUE, N.M., May 03, 2022 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its first quarter 2022 results after the market close on Tuesday, May 10th, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Array Technologies, Inc. Announces First Quarter 2022 Earnings Release Date and Conference Call

Growth of solar energy needs stable regulatory and incentive environment so that the industry can make long term commitments to funding and capital Growth of solar energy needs stable regulatory and incentive environment so that the industry can make long term commitments to funding and capital

Array Technologies Statement on U.S. Department of Commerce Antidumping and Countervailing Duties Inquiry

ANGI Homeservices

Knnate Biopharma

Vivint Smart Home Inc

Zevia PBC

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Goldman Sachs Has 5 Stocks Under $10 Rated Buy With 125% to 400% Upside Potential

Genius Sports

Kronos Bio

Lulu's Fashion Lounge Holdings

Rent the Runway

Goldman Sachs Has 5 Stocks Rated Buy Under $10 With 75% to 500% Upside Potential

Solar tracking systems provider Array Technologies (NASDAQ: ARRY) stock has fallen below its pandemic lows despite improving business

Array Technologies Stock Giving Another Ground Floor Entry

Canadian Solar

JinkoSolar Holding

Should investors be keeping an eye on solar stocks as energy concerns continue to rise?

Good Stocks To Invest In Right Now? 4 Solar Stocks To Know

ARRY stock is climbing after Array's Q4 revenue came in above analysts' average outlook and it named a highly experienced executive CEO. The post Why Is Array Technologies (ARRY) Stock Up Today?

Why Is Array Technologies (ARRY) Stock Up Today?

Array Technologies Inc (NASDAQ: ARRY) stock is up nearly 20% in the premarket this morning on solid Q4 revenue. The U.S. firm also named its new CEO last night.

Array Technologies stock jumped 20%: explore why

Array Technologies, the solar tracking systems provider, also announces a new CEO.

Array Technologies Stock Surges on Record Order Book, Upbeat Guidance

Array Technologies, Inc. (ARRY) CEO Jim Fusaro on Q4 2021 Results - Earnings Call Transcript

SMART Global Hlds

The stock market gave back recent gains, but investors are looking closely at financial results.

2 Growth Stocks to Watch After Hours Tuesday

Array Technologies Inc. shares surged in the extended session Tuesday after reporting quarterly sales and a revenue outlook that topped Wall Street estimates while naming a new chief executive.

Array Technologies stock surges following revenue beat, announcement of new CEO

Array Technologies Inc (NASDAQ: ARRY) reported a fourth-quarter revenue increase of 22% year-over-year to $219.9 million, beating the consensus estimate of $213.82 million. Adjusted EPS was $(0.06), missing the consensus of $(0.03).

Array Technologies Stock Surges After Q4 Results, Guides FY22 Revenue Above Consensus

Array Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2021

Appointment follows previously announced retirement of outgoing CEO Jim Fusaro Appointment follows previously announced retirement of outgoing CEO Jim Fusaro

Array Technologies Names Kevin Hostetler as Chief Executive Officer

Array Technologies Inc (NASDAQ: ARRY) shares are trading higher by 15.04% at $12.58 after the company announced it will supply advanced tracker technology for "the largest solar + storage project in the U.S." Array Technologies says the project will store over 1.4 GWh of solar power and.

Here's Why Array Technologies Shares Are Rising

Schnitzer Steel Industries

Tilray Brands

Earnings reports slow to a trickle this week, with only a few noteworthy releases due.

Earnings Previews: Array Technologies, Schnitzer Steel, Tilray

ALBUQUERQUE, N.M., March 29, 2022 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its fourth quarter and full year 2021 results after the market close on Tuesday, April 5th 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

News for Array Technologies Stock (ARRY)