Array Technologies Inc. (ARRY) Tops Q4 EPS by 2c, Offers FY Guidance

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Go back to Array Technologies Inc. (ARRY) Tops Q4 EPS by 2c, Offers FY Guidance

Array Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2020

March 9, 2021 4:02 PM EST

Fourth Quarter 2020 Financial Highlights

Revenue of $180.6 millionNet Loss of ($9.8) millionBasic and Diluted Net Loss per share of ($0.08)Adjusted EBITDA of $20.0 million(1)Adjusted Basic and Diluted Net Income per share of $0.08(1)

Full Year 2020 Financial Highlights

Revenue of $872.7 millionNet Income of $59.1 millionBasic and Diluted Net Income per share of $0.49Adjusted EBITDA of $160.5 million(1)Adjusted Basic and Diluted Net Income per share of $0.93(1)

(1) A reconciliation of the GAAP to the most comparable Non-GAAP results is included below.

ALBUQUERQUE, N.M.,... More