Array Technologies Inc

NASDAQ:ARRY   12:47:23 PM EDT
9.68
+0.46 (+4.93%)
Other Pre-Announcement

Array Technologies Reports Qtrly Adjusted Loss Per Share Of $0.02

Published: 05/10/2022 20:07 GMT
Array Technologies Inc (ARRY) - Array Technologies, Inc. Reports Financial Results for the First Quarter 2022 – Delivers Strong Top-line Growth, a Robust Backlog and Continued Margin Progression in the Legacy Array Business.
Q1 Loss per Share $0.23.
Q1 Revenue Rose 21 Percent to $300.6 Million.
Sees FY Revenue $1.3 Billion to $1.5 Billion.
Qtrly Adjusted Basic and Diluted Net Loss per Share of $0.02.
Q1 Earnings per Share View $-0.06, Revenue View $271.6 Million -- Refinitiv Ibes Data (analyst estimates).
Sees 2022 Adjusted Net Income per Share to Be in Range of $0.25 to $0.35.
FY2022 Earnings per Share View $0.55, Revenue View $1.49 Billion -- Refinitiv Ibes Data (analyst estimates).