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Array Technologies(ARRY) - 2024 Q1 - Quarterly Report
2024-05-10 05:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-39613 ARRAY TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 83-2747826 (State or Ot ...
Array Technologies(ARRY) - 2024 Q1 - Earnings Call Presentation
2024-05-10 05:07
May 9, 2024 Array Technologies 1Q 2024 Earnings Call 0 Disclaimer Forward-Looking Statements and Other Information ...
Array Technologies(ARRY) - 2024 Q1 - Quarterly Results
2024-05-10 04:37
May 9, 2024 Array Technologies, Inc. Reports Financial Results for the First Quarter 2024 – Achieves record gross margin and $2.1 billion of executed contracts and awarded orders First Quarter 2024 Highlights • Revenue of $153.4 million • Gross Margin of 35.9% • Adjusted gross margin of 38.3%(1) • Net loss to common shareholders of $11.3 million • Adjusted EBITDA(1) of $26.2 million • Basic and diluted net loss per share of $0.07 • Adjusted diluted net income per share(1) of $0.06 ALBUQUERQUE, NM — (GLOBE N ...
Array Technologies, Inc. Reports Financial Results for the First Quarter 2024 – Achieves record gross margin and $2.1 billion of executed contracts and awarded orders
Newsfilter· 2024-05-10 04:05
First Quarter 2024 Highlights Revenue of $153.4 million Gross Margin of 35.9% Adjusted gross margin of 38.3%(1) Net loss to common shareholders of $11.3 million Adjusted EBITDA(1) of $26.2 million Basic and diluted net loss per share of $0.07 Adjusted diluted net income per share(1) of $0.06 ALBUQUERQUE, N.M., May 09, 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, today announ ...
Array and DNV Release Report on Solar Tracker Wind Stow Strategies' Energy Impact
Newsfilter· 2024-05-07 04:35
ALBUQUERQUE, N.M., May 06, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY), a leading provider of solar tracking solutions, confirmed in a new study that its safe, passive wind stow solution can significantly optimize energy production. Array collaborated with DNV Energy USA (DNV) to publish a comprehensive report titled "Energy Impact of Different Solar Tracker Wind Stow Strategies," outlining the benefits of safe, passive wind stow technology in solar farms. The analysis focused on evaluating th ...
ARRY vs. ENPH: Which Stock Should Value Investors Buy Now?
Zacks Investment Research· 2024-05-01 00:46
Investors with an interest in Solar stocks have likely encountered both Array Technologies, Inc. (ARRY) and Enphase Energy (ENPH) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision t ...
Array Hosts U.S. Energy Secretary Granholm, New Mexico Senators to Break Ground on New Solar Manufacturing Facility
Newsfilter· 2024-04-26 20:45
公司投资计划 - Array Technologies宣布在新墨西哥伯纳利约县投资5000万美元以上兴建新的制造园区[1] - Array Technologies首席执行官Kevin G. Hostetler表示,新的制造设施将在新墨西哥创造高薪工作,加强国内太阳能供应链,帮助实现更大的美国能源独立[2] 公司背景介绍 - Array是新墨西哥为数不多的上市公司之一,是全球领先的大型太阳能跟踪技术公司,通过移动太阳能板以优化太阳角度来最大化太阳能板的效率[3]
Why EV and Renewable Energy Stocks Collapsed This Week
The Motley Fool· 2024-04-20 02:57
特斯拉裁员影响 - 特斯拉宣布裁员,导致电动车和可再生能源股票市场一周表现不佳[1] 高利率影响 - 高利率对电动车销售和可再生能源项目产生负面影响[5] - 高利率使得汽车和太阳能项目融资更加昂贵,可能影响需求和定价[7][9]
Will Array Technologies (ARRY) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-16 01:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Array Technologies, Inc. (ARRY) . This company, which is in the Zacks Solar industry, shows potential for another earnings beat. When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 90.91%, on average, in the last two quarters. For ...
The 3 Most Undervalued Renewable Energy Stocks to Buy in April 2024
InvestorPlace· 2024-04-05 01:48
可持续能源投资 - 投资可持续能源是未来的趋势,具有高增长潜力[1] Array Technologies 公司 - Array Technologies (ARRY) 是一家专注于太阳能跟踪解决方案的美国可再生能源公司,具有创新技术和全球领先地位[2] - Array Technologies 公司财务状况良好,具有稳定的盈利能力和充足的现金储备[3] First Solar 公司 - First Solar (FSLR) 是一家专注于太阳能电池板制造和实用规模光伏发电厂的公司,具有强大的研发投入和生产能力[4] - First Solar 公司财务稳健,具有低估值和强劲的收入增长[5] Brookfield Renewable 公司 - Brookfield Renewable (BEP) 是一家主要从事水力发电的美国公司,通过长期购电协议获得稳定回报,具有稳健的财务状况和高股息率[6] - Brookfield Renewable 公司计划每年提高股息,未来有望实现持续盈利,股票价值有望提升[7]