Array Technologies Inc. (ARRY) Tops Q3 EPS by 9c, Offers Guidance
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Array Technologies, Inc. Reports Financial Results for the Third Quarter 2022 – Delivers record revenue of $515 million and the fourth consecutive quarter of gross margin improvement
November 8, 2022 4:02 PM ESTThird Quarter 2022 Highlights
Revenue of $515.0 millionNet income to common stockholders of $28.6 millionAdjusted EBITDA(1) of $55.4 millionBasic and diluted net income per share of $0.19Adjusted diluted net earnings per share(1) of $0.18Executed contracts and awarded orders at September 30, 2022 totaling $1.8 billion(1) A reconciliation of the most comparable GAAP measure to its Non-GAAP measure is included below.
ALBUQUERQUE, N.M., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (Array or the Company), a leading provider of tracker solutions and services for utility-scale solar... More
