ARRAY Technologies, Inc. Reports Financial Results for the Third Quarter 2024 – Delivers exceptional gross margin growth and continued operational momentum
Array Technologies, Inc. (ARRY)
Last array technologies, inc. earnings: 5/7 08:00 am
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US:NASDAQ Investor Relations:
investor.arraybiopharma.com/investor-overview
Company Research
Source: GlobeNewswire
Third Quarter 2024 Highlights Revenue of $231.4 millionGross Margin of 33.8%Adjusted gross margin of 35.4%(1)Net loss to common shareholders of $(155.4) million Net loss to common shareholders inclusive of $162 million non-cash goodwill impairment charge associated with the 2022 STI acquisition Adjusted EBITDA(1) of $46.7 millionBasic and diluted net loss per share of $(1.02)Adjusted diluted net income per share(1) of $0.17 ALBUQUERQUE, N.M., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in utility-scale solar tracking, today announced financial results for its third quarter ended September 30, 2024. “ARRAY had another impressive quarter of operational execution, achieving revenue within our guidance range and strong profitability, as evidenced by our adjusted gross margin of 35.4%. Our orderbook remains healthy at $2 billion, with over 20% of our global orderbook now representing orders of OmniTrack™, which demons
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News
- ARRAY Announces $3 Million Investment in Swap Robotics to Drive Automation in PV Installation [Yahoo! Finance]Yahoo! Finance
- ARRAY Announces $3 Million Investment in Swap Robotics to Drive Automation in PV InstallationGlobeNewswire
- ARRAY Technologies Appoints Two Industry Veterans to Lead EMEA [Yahoo! Finance]Yahoo! Finance
- ARRAY Technologies Appoints Two Industry Veterans to Lead EMEAGlobeNewswire
- Array Technologies Third Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
ARRY
Earnings
- 11/7/24 - Beat
ARRY
Sec Filings
- 11/19/24 - Form 4
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- ARRY's page on the SEC website