Array Technologies Inc. (ARRY) Misses Q4 EPS by 3c; Offers 2022 Guidance
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Array Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2021
April 5, 2022 4:02 PM EDTFourth Quarter 2021 Financial Highlights
Revenue of $219.9 millionNet loss to common stockholders of $32.1 millionAdjusted EBITDA of $0.5 million(1)Adjusted basic and diluted net loss per share of $(0.06)Executed contracts and awarded orders at December 31, 2021 totaling $1.8 billion, a new recordFull Year 2021 Financial Highlights
Revenue of $853.3 millionNet loss to common stockholders of $66.1 millionAdjusted EBITDA of $43.2 million(1)Adjusted Basic and Diluted net income per share of $0.07(1)(1) A reconciliation of the GAAP to the most comparable Non-GAAP results is included below.
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