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InkSpace Imaging Broadens Body Array Access Across GE HealthCare 3T MRI Systems
GlobeNewswire News Room· 2024-06-25 21:00
PLEASANTON, Calif., June 25, 2024 (GLOBE NEWSWIRE) -- InkSpace Imaging proudly announces that GE Healthcare has certified their Snuggle™ and Silhouette™ MRI body arrays. They are now compatible with GE HealthCare Signa Architect and Premier 3T MRI scanners in the United States. InkSpace Imaging's dedication to innovation in diagnostic imaging ensures that radiologists, MR technologists, hospitals, and patients can enjoy the advantages of their body-contouring Snuggle™ pediatric and Silhouette™ adult MR body ...
Up 45% This Year, Will Higher Flash Array Sales And Gen AI Drive NetApp Stock Higher?
Forbes· 2024-06-25 18:00
MADRID, SPAIN - JUNE 11: NetApp VP Area, Jose Manuel Petisco, speaks at the Amcham Briefing, 'Global ... [+] Trends 2024', at the El Beatriz Auditorium, on 11 June, 2024 in Madrid, Spain. The event was organized by Europa Press and the US Chamber of Commerce. (Photo By Alberto Ortega/Europa Press via Getty Images) Europa Press via Getty Images NetApp a company that provides on-premises data storage systems and public cloud services, has had a solid year so far, rising by close to 45% since early January wit ...
Array CEO Kevin Hostetler Testifies Before Congress on the Solar Manufacturing Boom from the Inflation Reduction Act
Newsfilter· 2024-06-13 04:01
ALBUQUERQUE, N.M., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Kevin G. Hostetler, chief executive officer of Array Technologies (NASDAQ: ARRY), a leading provider of tracker solutions and services for utility-scale solar energy projects, testified before the Congressional Joint Economic Committee. The hearing, “Made in America: The Boom in U.S. Manufacturing Investment,” addressed the growth of the solar and manufacturing industries following the passage of the Inflation Reduction Act. Committee Chair, U.S. S ...
Array CEO Kevin Hostetler Testifies Before Congress on the Solar Manufacturing Boom from the Inflation Reduction Act
GlobeNewswire News Room· 2024-06-13 04:01
ALBUQUERQUE, N.M., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Kevin G. Hostetler, chief executive officer of Array Technologies (NASDAQ: ARRY), a leading provider of tracker solutions and services for utility-scale solar energy projects, testified before the Congressional Joint Economic Committee. The hearing, “Made in America: The Boom in U.S. Manufacturing Investment,” addressed the growth of the solar and manufacturing industries following the passage of the Inflation Reduction Act. Committee Chair, U.S. S ...
Array Technologies Announces Departure of Chief Financial Officer
GlobeNewswire News Room· 2024-06-11 04:02
ALBUQUERQUE, N.M., June 10, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or the “Company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, announced today that its Chief Financial Officer, Kurt Wood, will be stepping down from his position at the end of the second quarter to pursue other business interests. “On behalf of Array Technologies, I want to thank Kurt for his impact on the Company during his tenure. Kurt came into Array and he c ...
Array Technologies Appoints Neil Manning as President and Chief Operating Officer
Newsfilter· 2024-06-06 06:00
ALBUQUERQUE, N.M., June 05, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array" or the "Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, has named Neil Manning as president and chief operating officer. Manning will continue to report directly to Array's chief executive officer, Kevin G. Hostetler. He has previously served as the chief operations officer since January 2023. In addition to continuing his role overseeing Array's integrated ...
Array Technologies Appoints Neil Manning as President and Chief Operating Officer
GlobeNewswire News Room· 2024-06-06 06:00
ALBUQUERQUE, N.M., June 05, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array" or the "Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, has named Neil Manning as president and chief operating officer. Manning will continue to report directly to Array's chief executive officer, Kevin G. Hostetler. He has previously served as the chief operations officer since January 2023. In addition to continuing his role overseeing Array's integrated ...
Wall Street's New Darlings: 3 Stocks Soaking Up Analyst Love
investorplace.com· 2024-05-18 19:05
Investors, weary of volatility due to economic uncertainty and geopolitical tensions, have been seeking stability and growth potential in their stocks. When it comes to portfolio performance, stocks with analyst upgrades can be important as endorsements by brokers. When analysts raise their ratings, the move signals increased confidence in the company’s future prospects. This newfound optimism can attract more investors to the stock, driving up demand and potentially pushing the price higher. Therefore, we ...
Array Technologies(ARRY) - 2024 Q1 - Earnings Call Transcript
2024-05-10 12:50
财务数据和关键指标变化 - 第一季度收入为1.53亿美元,略高于公司此前提供的指引范围 [11] - 调整后毛利率为38.3%,包括一次性40万美元的供应商质量问题解决收益。不包括该收益,调整后毛利率为35.7%,环比上季度提升10个百分点,同比2023年第一季度提升近9个百分点 [12] - 调整后EBITDA为2620万美元,占收入17.1%,包括40万美元的一次性收益 [14] - 自由现金流为4510万美元,季末现金余额2.88亿美元,总可用流动性约4.65亿美元 [14] 各条业务线数据和关键指标变化 - 公司在所有市场细分和客户类型中都看到广泛需求,包括EPC、开发商、独立电力生产商和公用事业公司 [15] - 第一季度新签订单约4亿美元,订单量超过收入的2.5倍,季末订单量达21亿美元 [16] - 新订单中约80%来自公司定义的一线客户 [16] - 北美和其他地区的新订单均保持强劲,突出了公司产品和服务包括能源优化软件和抗严重天气解决方案的全球需求 [17] 各个市场数据和关键指标变化 - 公司在巴西市场取得成功,根据第三方数据,2023年巴西20个最高效的太阳能电站中有13个使用公司跟踪器技术 [27][28] - 公司在巴西和欧洲市场已获得新版H250产品的订单 [29] 公司战略和发展方向及行业竞争 - 公司最近在新墨西哥州阿尔伯克基市开设了一家新的先进制造工厂,这不是45X战略的一部分,而是公司降低成本和提高供应连续性的更广泛供应链方法的一部分 [30] - 公司推出了专利的"冰雹预警响应"功能,可以在预期冰雹事件到来前自主停止太阳能跟踪器,保护太阳能资产免受损坏 [31][32][36] - 公司开展了一项创新的研究,证明了被动式风力停车技术相比主动式停车技术可以提高4.3%的年度能源产出 [37][40][41] 管理层对经营环境和未来前景的评论 - 客户普遍表示对行业和自身业务前景持乐观态度,预计2024年上半年会较为疲软,下半年会有增长 [21][22] - 主要问题包括许可和并网、长交货期设备的供应链延迟以及融资时间 [22] - 公司密切关注最近提出的反倾销/反补贴税的相关进展,认为更多关税会导致不确定性和不必要的项目延迟 [24][25] 问答环节重要的提问和回答 问题1 **Mark Strouse 提问** 询问公司的定价策略,是否有降价导致毛利率下降的担忧 [61][62] **Kevin Hostetler 回答** 公司定价策略是通过结构性成本降低来实现,而不是牺牲毛利率。公司有信心保持中20%左右的毛利率水平 [62][63] 问题2 **Christine Cho 提问** 询问第一季度毛利率的具体情况,是否有一次性因素影响 [75][76] **Kurt Wood 回答** 第一季度毛利率包含了一次性40万美元的供应商问题解决收益,剔除该影响后毛利率为35.7%,环比和同比均有大幅提升 [76][77] 问题3 **Brian Lee 提问** 询问2025年的定价趋势,是否会继续下降 [83][84] **Kevin Hostetler 回答** 目前钢材价格大幅下降,但将其转化为2025年的定价趋势还为时尚早,需要进一步观察 [85][86][87]
Array Technologies, Inc. (ARRY) Tops Q1 Earnings Estimates
Zacks Investment Research· 2024-05-10 06:26
Array Technologies, Inc. (ARRY) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 250%. A quarter ago, it was expected that this company would post earnings of $0.11 per share when it actually produced earnings of $0.21, delivering a surprise of 90.91%. Over the last four qua ...