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Array Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2023; Full year 2023 net income of $86 million; Record full year Adjusted EBITDA of $288 million
ARRYArray Technologies(ARRY) Newsfilter·2024-02-27 21:05

Fourth Quarter 2023 Financial Highlights Revenue of 341.6millionNetincometocommonstockholdersof341.6 millionNet income to common stockholders of 6.0 millionAdjusted EBITDA(1) of 48.2millionBasicanddilutednetincomepershareof48.2 millionBasic and diluted net income per share of 0.04Adjusted diluted net income per share(1) of 0.210.2149.9 million of 45X benefit earned for 2023 torque tube deliveries; 9.3millionrecognizedduring2023inthestatementofoperationsFullYear2023FinancialHighlightsRevenue(2)of9.3 million recognized during 2023 in the statement of operations Full Year 2023 Financial Highlights Revenue(2) of 1,576.6 millionNet income to common stockholders of $85.5 millionAdjusted EBIT ...