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
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
Fourth Quarter 2023 Financial Highlights Revenue of $341.6 millionNet income to common stockholders of $6.0 millionAdjusted EBITDA(1) of $48.2 millionBasic and diluted net income per share of $0.04Adjusted diluted net income per share(1) of $0.21$49.9 million of 45X benefit earned for 2023 torque tube deliveries; $9.3 million recognized during 2023 in the statement of operations Full Year 2023 Financial Highlights Revenue(2) of $1,576.6 millionNet income to common stockholders of $85.5 millionAdjusted EBITDA(1) of $288.1 millionBasic and diluted net income per share of $0.57 and $0.56Adjusted diluted net income per share(1) of $1.13Cash Flow from Operating Activities of $232.0 millionFree Cash Flow(3) of $215.0 millionExecuted contracts and awarded orders at December 31, 2023 totaling $1.8 billion ALBUQUERQUE, N.M., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a leading provider of tracker solutions, software and servic
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News
- Array Technologies, Inc. (ARRY) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release [Yahoo! Finance]Yahoo! Finance
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- ARRY vs. ENPH: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
- Array Hosts U.S. Energy Secretary Granholm, New Mexico Senators to Break Ground on New Solar Manufacturing Facility [Yahoo! Finance]Yahoo! Finance
- Array Hosts U.S. Energy Secretary Granholm, New Mexico Senators to Break Ground on New Solar Manufacturing FacilityGlobeNewswire
ARRY
Earnings
- 2/27/24 - Beat
ARRY
Sec Filings
- 4/22/24 - Form 4
- 4/10/24 - Form ARS
- 4/10/24 - Form DEFA14A
- ARRY's page on the SEC website