MARKET COMPOSITE
ARRY - Array Technologies Inc6:21:48 PM 3/28/2024
Price
$14.78
-0.32 (-2.12%)
Array Technologies, Inc. provides solar tracking solutions and services for utility-scale projects. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that automatically adjusts module angles in response to weather and site conditions. The company was founded in 1989 and is based in Albuquerque, New Mexico with additional offices in Europe, Central America, and Australia.
Financials
Quarterly financials
(USD)Sep 2023Q/Q
Revenue350.4MM-31%
Gross Profit87.4MM-42%
Cost Of Revenue263.1MM-26%
Operating Income40.2MM-58%
Operating Expenses47.2MM-12%
Net Income23.2MM-64%
G&A37.4MM-7%
Amortization12.6MM+2%
Interest Expense13.1MM+29%
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