Array Technologies (NASDAQ: ARRY ), a specialist in utility-scale solar tracking technology, is a name we’ve covered a couple of times now. We last wrote about ARRY at the turn of 2024, and back then, whilst we did spot some greenAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation fo ...

Northrop Grumman Corp.’s (NOC) business unit, Northrop Grumman Systems, recently secured a modification contract to supply active electronically scanned array (AESA) radars for the U.S. Air Force’s F-16 aircraft fleet. The award has been offered by the Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, OH.Details of the DealValued at $30 million, this contract is projected to be completed by May 30, 2031. Work related to this deal will be executed in Linthicum Heights, MD. The latest m ...

Solar stocks have seen quite a rebound this week following Tuesday’s presidential debate in which democratic nominee Kamala Harris emphasized building out alternative energy assets.Despite attractive stocks such as First Solar (FSLR) , Sunrun (RUN) , and Array Technologies (ARRY) , the Zacks Solar Industry is in the bottom 43% of over 250 Zacks industries. With the production and usage of solar energy still somewhat in the beginning stages of its development, the industry has struggled amid a high inflation ...

Array Technologies, Inc. (ARRY) closed the most recent trading day at $6.68, moving +1.21% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.75%. Elsewhere, the Dow saw an upswing of 0.58%, while the tech-heavy Nasdaq appreciated by 1%.Shares of the company witnessed a gain of 0.15% over the previous month, beating the performance of the Oils-Energy sector with its loss of 4.12% and underperforming the S&P 500's gain of 4.03%.The investment community will be paying close at ...

ALBUQUERQUE, N.M., Sept. 10, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in utility-scale solar tracking, today announced the launch of a groundbreaking reusable packaging solution designed to replace traditional cardboard boxes with durable, reusable plastic casing. This innovative packaging is set to significantly reduce waste and contribute to the sustainability goals of ARRAY’s customers. The new reusable bulk packaging is designed to maximize e ...

ALBUQUERQUE, N.M., Sept. 09, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in utility-scale solar tracking, is proud to announce the development of 77-degree stow capabilities for its tracker systems, the steepest stow angle for protective hail stow on the planet. This advanced tracker will offer unprecedented flexibility and protection from both hail and wind, further solidifying ARRAY’s leadership in extreme weather solutions for the solar industry. ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Array Technologies (ARRY) is a manufacturer of ground-mounting systems used in solar energy projects. The Zacks Consensus Estimate for its current year earnings has been revised 25.7% downward over the last 60 days.Black Stone Minerals (BSM) is the owner of oil and natural gas mineral primarily in the United States. The Zacks Consensus Estimate for its current year earnings has been revised almost 10.9% downward over the last 60 days. ...

[Table_Title] 研究报告 Research Report 9 Aug 2024 阵列技术 Array Technologies (ARRY US) 项目延误导致 2024 财年指引大幅下调 Scott Darling Axel Leven scott.darling@htisec.com axel.leven@htisec.com [Table_yemei1] 热点速评 Flash Analysis [Table_summary] 事件 尽管由于收入强于预期且运营费用下降， Array 公布的 GAAP 净收入为 1200 万美元，而普遍预期的亏损为 180 万美 元，但我们预计市场对其 2024 年第二季度业绩持负面态度。原因是由于客户项目延迟，该公司已大幅下调了 2024 财年预期，并预计第三季度收入远低于普遍预期。虽然我们对 Array 持乐观态度，但我们对项目延迟不会持续到明 年和 2026 年的信心越来越有限。 点评 2024 财年指引下调约 30-40%：该公司已大幅下调其 2024 财年收入指引至 9 亿至 10 亿美元（之前为 12.5-14 亿美 元，而市场普遍预期为约 13 亿 ...

Array Technologies, Inc. (ARRY) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced earnings of $0.06, delivering a surprise of 250%.Over the last four quarters, the compa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-39613 ARRAY TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in its Charter) | --- | --- | --- | --- | |------ ...