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.

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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.

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Establishes Array as global leader in solar trackers

Array Technologies to Acquire STI Norland

Array Technologies (ARRY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Array Technologies (ARRY) Ahead of Earnings?

Array Technologies Inc (NASDAQ: ARRY) shares traded higher Friday despite a lack of company-specific news from the session. The stock gained earlier in the week in sympathy with Enphase Energy Inc (NASDAQ: ENPH), which reported better-than-expected third-quarter results and issued strong fourth-quarter guidance.

Why Array Technologies Shares Rose Today

ALBUQUERQUE, N.M., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its third quarter 2021 results after the market close on Thursday, November 11th, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Array Technologies, Inc. Announces Third Quarter 2021 Earnings Release Date and Conference Call

Array Technologies had a bright future built on the back of a boom in global demand for solar power.

Array Technologies: A Bright Future Put Into Disarray

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Array Technologies holds newfound value due to the recent pullback and could easily bounce back as much as 40% over the next year.

Array Technologies Stock Offers Potential For Growth At A Discounted Value

SAN DIEGO, Sept. 16, 2021 /PRNewswire/ -- Johnson Fistel, LLP is investigating potential claims on behalf of Array Technologies, Inc. ("Array" or the "Company") (NASDAQ: ARRY) against certain of its officers and directors.

(ARRY) Alert: Did You Acquire Array Technologies, Inc. Before December 2020? Contact Johnson Fistel, LLP

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South Korean steelmaker to supply to Array's global projects South Korean steelmaker to supply to Array's global projects

Array Technologies Diversifies Global Supply Chain with POSCO

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An investment in energy infrastructure could mean a sharp focus on solar deployment, putting this company in a sweet spot.

Why Array Technologies Jumped 10% Today

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Array Technologies Announces Additions to Board of Directors

With August and the back-to-school season upon us, a large share of the outstanding second-quarter earnings results have been posted, and analysts and investors on Wall Street are very satisfied with the results.

Goldman Sachs Says Buy 3 Sizzling Stocks Now With Up to 150% Upside Potential

Despite continued challenges, the ground-mounted solar systems maker grew revenue 76%.

Why Array Technologies Jumped 11% Today

Array Technologies' (ARRY) CEO Jim Fusaro on Q2 2021 Results - Earnings Call Transcript

Array Technologies, Inc. Reports Financial Results for the Second Quarter 2021

Reinforces leadership position and positions company to be industry consolidator Reinforces leadership position and positions company to be industry consolidator

Array Technologies, Inc. Announces $500 Million Capital Commitment from Blackstone

Wall Street is casting a hopeful gaze in this solar stock's direction.

Why Shares of Array Technologies Are Red-Hot Today

Roth Capital analyst Philip Shen upgraded Array Technologies Inc (NASDAQ:ARRY) to Buy from Neutral with a $25 price target, implying an upside of 82.3%. Shen is incrementally more bullish ahead of the company's Q2 report due on Aug. 11.

Array Technologies Shares Pop As Roth Capital Upgrades To Buy Before Q2 Results, Sees 82.3% Upside

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SAN DIEGO, Aug. 5, 2021 /PRNewswire/ -- Johnson Fistel, LLP is investigating potential claims on behalf of Array Technologies, Inc. ("Array" or the "Company") (NASDAQ: ARRY) against certain of its officers and directors.  Recently a class action lawsuit was filed in federal court against the Company on behalf of purchasers of the securities of Array from October 14, 2020 and May 11, 2020 (the "Class Period").

News for Array Technologies Stock (ARRY)