Array Technologies Inc. (ARRY) Tops Q1 EPS by 10c, provides guidance

Array Technologies Inc. (NASDAQ: ARRY) reported Q1 EPS of $0.06, $0.10 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $153.4 million versus the consensus estimate of $141.22 million.

GUIDANCE:

Array Technologies Inc. sees FY2024 revenue of $1.25-1.4 million, versus the consensus of $1.356 million.
Adjusted EBITDA(2) to be in the range of $285 million to $315 million
Adjusted net income per share(2) to be in the range of $1.00 to $1.15, versus the consensus of $1.08

For earnings history and earnings-related data on Array Technologies Inc. (ARRY) click here.

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