About Array Technologies, Inc. - Common Stock (ARRY)
Array Technologies Inc is a leading provider of solar tracking solutions, specializing in the design and manufacture of advanced solar tracking systems that optimize energy generation from solar panels. The company's innovative technology is aimed at enhancing the efficiency of solar power installations, helping to maximize output while minimizing land use and costs. Array Technologies focuses on developing sustainable energy solutions to support the growing demand for renewable energy, facilitating the deployment of solar farms worldwide. By leveraging cutting-edge engineering and manufacturing practices, the company plays a crucial role in advancing the solar energy industry and enabling a cleaner, more sustainable future. Read More
Hitting a new 52-week low can be a pivotal moment for any stock.
These floors often mark either the beginning of a turnaround story or confirmation that a company faces serious headwinds.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the renewable energy industry, including Plug Power (NASDAQ:PLUG) and its peers.
ALBUQUERQUE, N.M., April 15, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the “Company” or “ARRAY”) (Nasdaq: ARRY), a global leader in utility-scale solar tracking, today announced that the Company will release its first quarter 2025 results before the market opens on Tuesday, May 6, 2025, to be followed by a conference call at 8:00 a.m. (Eastern Time) that same day.
Looking back on renewable energy stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Array (NASDAQ:ARRY) and its peers.
Over the last six months, Array shares have sunk to $5.70, producing a disappointing 10.5% loss - worse than the S&P 500’s 1.4% drop. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
ALBUQUERQUE, N.M., March 14, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in utility-scale solar tracking, today announced that the Company will participate in the 37th Annual ROTH Conference in Dana Point, CA on March 17, 2025.
Shares of solar tracking systems manufacturer Array (NASDAQ:ARRY)
fell 21.4% in the afternoon session after the company reported weaker than expected fourth quarter 2024 results, with EBITDA missing Wall Street's estimates and full-year guidance coming in significantly below expectations, not exactly what investors wanted to see.
Solar tracking systems manufacturer Array (NASDAQ:ARRY) announced better-than-expected revenue in Q4 CY2024, but sales fell by 19.4% year on year to $275.2 million. The company expects next quarter’s revenue to be around $265 million, coming in 26.3% above analysts’ estimates. Its non-GAAP profit of $0.16 per share was in line with analysts’ consensus estimates.
ALBUQUERQUE, N.M., Feb. 06, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the “Company” or “ARRAY”) (Nasdaq: ARRY) today announced that the company will release its fourth quarter and full year 2024 results after the market close on Thursday, February 27, 2025, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.
Solar trackers enable solar panels to generate 20% to 30% more power since they adjust the panels to follow the sun during the day. Here's 2 of the top makers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Bloom Energy (NYSE:BE) and its peers.
Array’s stock price has taken a beating over the past six months, shedding 39.4% of its value and falling to $6.75 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
