Array Technologies Inc. (ARRY) Misses Q3 EPS by 2c

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Array Technologies, Inc. Reports Financial Results for the Third Quarter 2021

November 11, 2021 4:02 PM EST

Third Quarter 2021 Financial Highlights

Revenue of $192.1 millionNet loss to common stockholders of $31.0 millionAdjusted EBITDA loss of $0.5 million(1)Adjusted basic and diluted net loss per share of $0.07(1)Executed contracts and awarded orders at September 30, 2021 totaling $1 billion, a new record

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

ALBUQUERQUE, N.M., Nov. 11, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (Nasdaq: ARRY), one of the worlds largest providers of utility-scale solar tracking technology, today announced... More