Array Technologies Inc Overview
Industry: Solar
Sector: Technology
Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products include DuraTrack HZ v3, a single axis tracker; Array STI H250 to deliver a lower levelized cost of energy with tracker system; Array OmniTrack; and SmarTrack, a software product that uses site-specific historical weather and energy production data in combination with machine learning algorithms to identify the optimal position for a solar array in real time to enhance its energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico. Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products include DuraTrack HZ v3, Read MoreMavefund brings filings, fundamentals, valuation, price history and news for Array Technologies Inc into one research view. The sections below show what strengthens or weakens the research case.
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Reported Results
What the company reported, with filing details kept small.
Quarterly result summary
Revenue was -$0.1M (-250% YoY); EPS was $63 (reported).
What changed
- Revenue -250% YoY to -$0.1M; EPS reported to $63.
- Operating income -74% YoY to $7.1M.
Guidance / outlook
We expect to continue to exclude these items in future disclosures of these non-GAAP measures and may also exclude other similar items that may arise in the future (collectively, “non-GAAP adjustments”).
Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.
Other recent earnings materials
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Recent News
Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.
Should Value Investors Buy Array Technologies (ARRY) Stock?
Headline from Yahoo Finance: Should Value Investors Buy Array Technologies (ARRY) Stock?
Down 26.9% in 4 Weeks, Here's Why Array Technologies (ARRY) Looks Ripe for a Turnaround
Headline from Yahoo Finance: Down 26.9% in 4 Weeks, Here's Why Array Technologies (ARRY) Looks Ripe for a Turnaround.
ARRAY Technologies launches 60-degree solar tracker variant
Headline from Investing.com: ARRAY Technologies launches 60-degree solar tracker variant.
ARRAY Announces 60-Degree Solar Tracker Alternative to Enhance Extreme Weather Resilience, Project Economics
Headline from Yahoo Finance: ARRAY Announces 60-Degree Solar Tracker Alternative to Enhance Extreme Weather Resilience, Project Economics.
Why Array Technologies, Inc. (ARRY) Outpaced the Stock Market Today
Headline from Yahoo Finance: Why Array Technologies, Inc. (ARRY) Outpaced the Stock Market Today.
Why Array Technologies, Inc. (ARRY) Outpaced the Stock Market Today
Headline from Yahoo Finance Singapore: Why Array Technologies, Inc. (ARRY) Outpaced the Stock Market Today.
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Financial Statements
Company-reported SEC EDGAR facts organized into the three core statements.
Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.