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Array Technologies(ARRY) - 2024 Q1 - Quarterly Results
ARRYArray Technologies(ARRY)2024-05-09 20:37

May 9, 2024 Array Technologies, Inc. Reports Financial Results for the First Quarter 2024 – Achieves record gross margin and 2.1billionofexecutedcontractsandawardedordersFirstQuarter2024HighlightsRevenueof2.1 billion of executed contracts and awarded orders First Quarter 2024 Highlights • Revenue of 153.4 million • Gross Margin of 35.9% • Adjusted gross margin of 38.3% • Net loss to common shareholders of 11.3millionAdjustedEBITDAof11.3 million • Adjusted EBITDA of 26.2 million • Basic and diluted net loss per share of 0.07Adjusteddilutednetincomepershareof0.07 • Adjusted diluted net income per share of 0.06 (1) (1) (1) ALBUQUERQUE, NM — (GLOB ...