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2023-05-16 21:46:10 ET Summary Array Technologies, Inc. is the second-largest solar tracker manufacturer in the world. Array Technologies, Inc. stands to benefit from the increasing global adoption of solar energy as part of efforts to reduce carbon emissions. The cost-effecti...
2023-05-10 09:28:08 ET Array Technologies, Inc. (ARRY) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Cody Mueller - VP, Finance and IR Kevin Hostetler - CEO Nipul Patel - CFO Conference Call Participants Brian Lee - Gold...
2023-05-09 16:17:05 ET Array Technologies press release ( NASDAQ: ARRY ): Q1 Non-GAAP EPS of $0.25 beats by $0.21 . Revenue of $376.8M (+25.4% Y/Y) beats by $54.26M . For the year ending December 31, 2023, the company expects: Revenue to be in the ran...
First Quarter 2023 Highlights Revenue of $376.8 million Net income to common shareholders of $13.6 million Adjusted EBITDA (1) of $67.0 million Basic and diluted net income per share of $0.09 Adjusted diluted net income per share (1) of $0.25 Executed contrac...
2023-05-08 17:37:16 ET Array Technologies ( NASDAQ: ARRY ) is scheduled to announce Q1 earnings results on Tuesday, May 9th, after market close. The consensus EPS Estimate is $0.04 and the consensus Revenue Estimate is $322.54M (+7.3% Y/Y). Over the last 2 years,...
2023-05-05 12:45:21 ET Shares of solar energy stocks have been cratering this week in the wake of several first-quarter earnings releases and the Federal Reserve's latest interest rate hike. However, the solar industry continues to grow, so there are competing forces at work here. A...
2023-04-28 16:09:46 ET The Invesco Solar ETF ( NYSEARCA: TAN ) on Friday provisionally ended 7.40% lower for the week, dragged down by disappointing results from major names Enphase Energy ( ENPH ) and First Solar ( FSLR ). The ETF's weekly performance was its worst ...
2023-04-27 10:00:07 ET Summary TJ Rodgers' recent share purchases shouldn't be ignored. Gross margins from -50% to +8% would show a major turnaround. Product portfolio increases >2x, adding new revenue channels. Steel content reduction of 20% reduces product costs. ...
2023-04-26 10:55:43 ET Enphase Energy ( NASDAQ: ENPH ) -23.3% in early trading Wednesday to a 10-month low after the solar equipment maker cut its Q2 revenue guidance due to weakness in its U.S. market and higher interest rates. Bank of America downgraded Enphase ( ENP...
2023-04-23 12:43:42 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s high time for investors to gain exposure to the best renewable energy stocks on the market. As the world races to mitigate the crippling impact of climate change, the demand...
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ALBUQUERQUE, N.M., July 18, 2024 (GLOBE NEWSWIRE) -- Array Technologies (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its second quarter 2024 results after the market close on Thursday, August 8ᵗʰ, 2024, to be fol...
ALBUQUERQUE, N.M., July 16, 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 published its fourth annual ESG and sustainability discl...