Array Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2023; Full year 2023 net income of $86 million; Record full year Adjusted EBITDA of $288 million
ARRYArray Technologies(ARRY) Newsfilter·2024-02-28 05:05

Fourth Quarter 2023 Financial Highlights Revenue of 341.6millionNetincometocommonstockholdersof341.6 million Net income to common stockholders of 6.0 million Adjusted EBITDA(1) of 48.2millionBasicanddilutednetincomepershareof48.2 million Basic and diluted net income per share of 0.04 Adjusted diluted net income per share(1) of 0.210.21 49.9 million of 45X benefit earned for 2023 torque tube deliveries; 9.3millionrecognizedduring2023inthestatementofoperationsFullYear2023FinancialHighlightsRevenue(2)of9.3 million recognized during 2023 in the statement of operations Full Year 2023 Financial Highlights Revenue(2) of 1,576.6 million Net income to common stockholders of $85.5 million Adjuste ...