Key Takeaways AD topped Q4 revenue and earnings estimates, driven by strong site rental revenue growth.Array posted $60.3M in Q4 revenues, up from $26.1M, backed by healthy traction in the site rental business.AD expects 2026 revenue of $200-$215M and Adjusted EBITDA of $200-$215M.Array Digital Infrastructure, Inc. (AD) reported strong fourth-quarter 2025 results, with both top and bottom lines surpassing the respective Zacks Consensus Estimate. The company reported top-line growth year over year, backed by ...

ALBUQUERQUE, N.M., Feb. 23, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced that members of its senior management team are scheduled to participate in the following conference for the investor community. Jefferies Power, Energy, Clean Energy, and Utilities ConferenceAttendees: Kevin Hostetler, CEO and Investor Relati ...

Company Overview - Array Digital Infrastructure is a leading wireless telecommunications provider serving diverse customer segments through multiple distribution channels, leveraging extensive network infrastructure and product portfolio to drive recurring service revenues and capitalize on device sales [6] - The company reported a market capitalization of $4.41 billion and a revenue of $3.77 billion for the trailing twelve months (TTM) [4] Recent Developments - On February 17, 2026, Newtyn Management disclosed the purchase of 350,000 shares of Array Digital Infrastructure, valued at approximately $17.3 million based on quarterly average pricing [2] - Following this transaction, Newtyn's total stake in the company increased to 1,700,000 shares, with the value rising by $23.6 million from the previous period [2] Financial Performance - Fourth-quarter revenue from continuing operations increased to $60.3 million from $26.1 million a year ago, while full-year revenue rose 58% to $163 million [7] - The company reported net income from continuing operations of $172 million for 2025, a significant improvement from the prior year's loss [10] - Management is guiding for revenue between $200 million and $215 million for 2026, with adjusted EBITDA expected to match this range [10] Market Position and Strategy - Array Digital has shifted focus to become a tower company after divesting its wireless operations and monetizing spectrum, resulting in cleaner earnings and visible cash flow [7] - The company offers a range of wireless telecommunications services, including voice, messaging, data, and wireless devices, while also providing tower rental and roaming services [9] Investment Considerations - Despite a 25% decline in stock price over the past year, the company has demonstrated a commitment to capital return, paying a special dividend of $23 in 2025 and another $10.25 in early 2026 [11] - The investment position in Array Digital is viewed as an infrastructure play with contractual revenue, improving margins, and tangible cash generation, making it attractive for long-term investors [12]

Key Takeaways Array Technologies is expected to post a 23.7% revenue drop and breakeven Q4 earnings.ARRY's backlog, APA acquisition and higher volumes may support results despite delays.Array Technologies trades below industry P/E, but policy risks cloud near-term outlook.Array Technologies, Inc. (ARRY) is expected to witness a decline in its top and bottom lines when it reports fourth-quarter 2025 results. The Zacks Consensus Estimate for ARRY’s fourth-quarter revenues is pegged at $210 million, indicating ...

Company Performance - Array Digital Infrastructure (AD) reported quarterly earnings of $0.48 per share, exceeding the Zacks Consensus Estimate of $0.32 per share, and significantly up from $0.05 per share a year ago, indicating strong growth [1] - The earnings surprise for this quarter was +52.38%, and the company had a remarkable surprise of +288% in the previous quarter, showcasing its ability to outperform expectations [2] - The company posted revenues of $60.33 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.52%, although this is a decline from year-ago revenues of $970 million [3] Stock Performance and Outlook - Array Digital shares have declined approximately 6.1% since the beginning of the year, contrasting with the S&P 500's gain of 0.2%, indicating underperformance relative to the broader market [4] - The current consensus EPS estimate for the upcoming quarter is $0.27 on revenues of $58.05 million, and for the current fiscal year, it is $0.70 on revenues of $215.45 million, suggesting cautious optimism for future performance [8] Industry Context - Array Digital operates within the Zacks Wireless National industry, which is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable industry outlook [9] - The performance of Array Digital's stock may be influenced by the overall industry trends, as empirical research shows a strong correlation between stock movements and earnings estimate revisions [6]

expense (benefit)23,332(3,656)N/M(31,148)(19,256)(62) %Net income (loss) from continuing operations41,76411,832N/M172,267(80,464)N/MLess: Net income from continuing operations attributable to noncontrolling interests, net of tax404136N/M2,6155,411(52) %Net income (loss) from continuing operations attributable to Array shareholders41,36011,696N/M169,652(85,875)N/MNet income (loss) from discontinued operations(3,882)(6,826)43 %(103,074)48,886N/MLess: Net income from discontinued operations attributable to non ...

Key Takeaways Array Legacy Operations revenues rose 87% in the first nine months of 2025 on a 104% volume surge.ARRY's backlog and U.S.-based manufacturing support domestic growth and help limit tariff risk.ARRY trades at 12.22x earnings versus the industry's 18.68. Shares have climbed 31% in six months.Array Technologies’ (ARRY) Array Legacy Operations segment — its core U.S. solar tracker business — remains the backbone of the company. The segment generated 72% of total revenues in 2024 and 81% in the fir ...

Core Viewpoint - ARRAY Technologies, Inc. has successfully upsized and extended its revolving credit facility from $166 million to $370 million, enhancing its liquidity and operational flexibility [1][3]. Group 1: Credit Facility Details - The amended revolving credit facility has been increased to $370 million and its maturity extended to February 18, 2031 [1]. - The facility includes up to $250 million available for the issuance of letters of credit [1]. - Goldman Sachs Bank USA is the Lead Arranger and Administrative Agent for the facility, with additional participation from J.P. Morgan, Wells Fargo Securities, PNC Capital Markets, HSBC Bank USA, and others [2]. Group 2: Financial Strategy and Impact - The expansion of the credit facility is aimed at strengthening the company's liquidity profile and supporting operational execution, working capital needs, and global growth initiatives [3]. - The increase in capacity reflects the company's improving outlook and commitment to disciplined financial management [3]. - The addition of new lenders demonstrates strong confidence in the company's strategy and execution in the utility-scale solar market [3]. Group 3: Company Overview - ARRAY Technologies is a leading global provider of solar tracking technology and fixed-tilt systems for utility-scale and distributed generation customers [4]. - The company focuses on optimizing energy production and delivering value throughout the lifecycle of solar projects, supported by its domestic manufacturing and diversified global supply chain [4].

Company Performance - Array Technologies, Inc. (ARRY) ended the recent trading session at $11.29, showing a +1.16% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.1% [1] - Over the past month, shares of Array Technologies have appreciated by 16.13%, surpassing the Oils-Energy sector's gain of 11.68% and the S&P 500's loss of 1.43% [1] Upcoming Earnings - The upcoming earnings release for Array Technologies is scheduled for February 25, 2026, with an expected EPS of $0, indicating a 100% decline compared to the same quarter last year [2] - Revenue is predicted to be $210.01 million, reflecting a 23.7% drop compared to the year-ago quarter [2] Fiscal Year Projections - For the entire fiscal year, Zacks Consensus Estimates project earnings of $0.67 per share and revenue of $1.27 billion, representing changes of +11.67% and +38.47% from the prior year, respectively [3] Analyst Estimates and Stock Performance - Recent changes to analyst estimates for Array Technologies should be noted, as positive alterations indicate analyst optimism regarding the business and profitability [3][4] - The Zacks Rank system, which evaluates estimate changes, currently ranks Array Technologies at 3 (Hold) [5] Valuation Metrics - Array Technologies is currently traded at a Forward P/E ratio of 11.91, which is below the industry average Forward P/E of 19.3, suggesting it is trading at a discount [6] - The company holds a PEG ratio of 0.61, compared to the Solar industry's average PEG ratio of 0.7, indicating favorable valuation metrics [7] Industry Ranking - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 80, placing it within the top 33% of over 250 industries [7] - The Zacks Industry Rank evaluates the performance of distinct industry groups, showing that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Core Insights - Array Technologies (ARRY) emphasizes research and development (R&D) as a key driver of long-term growth and competitiveness in the solar tracking technology sector [1][4] - Continuous R&D investment enhances product performance, efficiency, and reliability, significantly impacting project economics and return on investment [2][4] R&D Focus - Ongoing R&D allows Array Technologies to improve tracker design, materials, and mechanical architecture, leading to higher energy yield and durability [2][3] - The company’s platforms, DuraTrack and OmniTrack, are continually refined to deliver higher output and lower levelized cost of energy (LCOE) [3][8] - R&D is viewed as a strategic necessity, enabling cost efficiency, pricing power, and product differentiation, positioning the company for sustained long-term value creation [4] Competitive Landscape - R&D is critical for peers like Sunrun and First Solar, enhancing their competitiveness and profitability [5][6] - Sunrun focuses on software platforms and storage integration to improve customer value and system performance [5] - First Solar's R&D advances thin-film module efficiency and lowers production costs, reinforcing its technological leadership [6] Financial Performance - Array Technologies' shares have increased by 95% over the past six months, outperforming the industry [7][8] - The stock is currently trading at a price-to-earnings multiple of 12.17, which is lower than the industry average of 18.43, indicating it is undervalued [10] - Consensus estimates for ARRY's 2026 revenues and EPS indicate year-over-year increases, with slight adjustments in recent weeks [12][13]