4 - Array Technologies, Inc. (0001820721) (Issuer)

4 - Array Technologies, Inc. (0001820721) (Issuer)

Adds domestically manufactured engineered foundations and fixed-tilt solutions to product portfolio, expanding addressable market by nearly 40% Enables integrated tracker + foundation system to address challenging soil conditions, which does not require specialized equipment to install Expands U.S. manufacturing capabilities with new Ohio manufacturing facility Transaction enterprise value of approximately $179 million represents a multiple of 7.6x APA's trailing 12 months EBITDA excluding 45X credits Expected to be high-single-digit percentage accretive to Adjusted EPS in year one before synergies Closing expected in the third quarter of 2025, subject to regulatory approval and customa

Investment bolsters Silicon Ranch's agribusiness and land stewardship program while enabling Swap Robotics to expand operations and product development across the solar sector Silicon Ranch, the developer, owner, and operator of one of the nation's largest fleets of solar facilities, today announced a strategic investment in Swap Robotics, a pioneer in utility-scale solar robotic operations through its leading solar robotics platform. As part of the investment, Silicon Ranch Co-Founder and CEO Reagan Farr will join the board of directors at Swap Robotics. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603758445/en/ Silicon

ALBUQUERQUE, N.M., May 15, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading global provider of solar tracking technology products, software and services, today unveiled DuraTrack Hail XP™, the Company's most advanced tracker designed to withstand extreme hail and wind events. Hail XP builds on ARRAY's proven DuraTrack® platform with a new level of reliability engineered specifically for hail-prone regions. Developed with direct input from customers, insurers, and industry partners, Hail XP is purpose-built to address one of the most pressing challenges facing solar projects today: severe weather risk. With industry-leading protective stow ang

2025 First Quarter Highlights Revenue of $302.4 millionGross Margin of 25.3%Adjusted gross margin(1) of 26.5%Net income to common shareholders of $2.3 millionAdjusted EBITDA(1) of $40.6 millionNet income per basic and diluted share of $0.02Adjusted net income per diluted share(1) of $0.13Total executed contracts and awarded orders at March 31, 2025 were $2.0 billionSuccessfully amended and extended our Revolving Credit Facility(2) ALBUQUERQUE, N.M., May 06, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading global provider of solar tracking technology products, systems and services, today announced financial results for its first quarter

ALBUQUERQUE, N.M., May 05, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading global provider of solar tracking technology products, software and services, today announced the expansion of its SmarTrack® software to include backtracking and diffuse optimization capabilities for its ARRAY STI H250™ dual-row tracker. This advancement brings algorithm training and optimization tools, already proven on the DuraTrack® platform, to H250 installations across Europe and other global markets. "Our H250 tracker has long been a trusted solution in markets with challenging site conditions, and the addition of SmarTrack Backtracking and Diffuse takes its pe

ALBUQUERQUE, N.M., April 28, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, has named Brian Pitel as its general manager, Latin America. He will be based in São Paulo, Brazil. With a career spanning more than two decades across technology and renewable energy in the Brazilian and Latin American markets, Pitel brings deep expertise in the local markets and regulatory environments. His track record of growing business operations through strategic partnerships led to his ascension at General Electric (GE), where he began as a senior sourcing and logistics manag

ALBUQUERQUE, N.M., April 15, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the "Company" or "ARRAY") (NASDAQ:ARRY), a global leader in utility-scale solar tracking, today announced that the Company will release its first quarter 2025 results before the market opens on Tuesday, May 6, 2025, to be followed by a conference call at 8:00 a.m. (Eastern Time) that same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international) and entering the passcode 13752974, or via webcast of the live conference call by logging onto the Investor Relations section of the Company's website at http://ir.arraytechinc.com. A telephonic

ALBUQUERQUE, N.M., April 14, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, announced the appointment of Nick Strevel as senior vice president of product management and technical sales, effective today. In this dual leadership role, Strevel will be responsible for driving ARRAY's global product strategy and building a high-performing technical sales function that strengthens ARRAY's relationships with customers and partners worldwide. "Nick brings a rare blend of technical depth, commercial acumen, and international experience that will accelerate ARRAY's i

ALBUQUERQUE, N.M., March 14, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a global leader in utility-scale solar tracking, today announced that the Company will participate in the 37th Annual ROTH Conference in Dana Point, CA on March 17, 2025. President and Chief Operating Officer, Neil Manning and Chief Financial Officer, H. Keith Jennings, will be available for one-on-one meetings on Monday, March 17, 2025. If you would like to schedule a meeting with management, please contact our Investor Relations team. The Company will post a presentation with its key messages for the conference on their Investor Relations Page on Monday March 17, 2025. Ab

Fourth Quarter 2024 Financial Highlights Revenue of $275.2 millionGross Margin of 28.5%Adjusted gross margin(1) of 29.8%Net loss to common shareholders of $(141.2) million Net loss to common shareholders inclusive of $74.0 million non-cash goodwill impairment charge and $91.9 million non-cash long-lived intangible asset write-down associated with the 2022 STI acquisition Adjusted EBITDA(1) of $45.2 millionNet loss per basic and diluted share of $(0.93)Adjusted net income per diluted share(1) of $0.16 Full Year 2024 Financial Highlights Revenue of $915.8 millionGross Margin of 32.5%Adjusted gross margin (1) of 34.1%Net loss to common shareholders of $(296.1) million Net loss to common shar

RBC Capital Mkts initiated coverage of Array Tech with a rating of Sector Perform and set a new price target of $7.00

Guggenheim upgraded Array Tech from Neutral to Buy and set a new price target of $10.00

Seaport Research Partners downgraded Array Tech from Buy to Neutral

TD Cowen reiterated coverage of Array Tech with a rating of Hold and set a new price target of $7.00 from $10.00 previously

Exane BNP Paribas upgraded Array Tech from Underperform to Neutral and set a new price target of $9.00

Susquehanna downgraded Array Tech from Positive to Neutral and set a new price target of $7.00

TD Cowen reiterated coverage of Array Tech with a rating of Hold and set a new price target of $10.00 from $11.50 previously

Guggenheim downgraded Array Tech from Buy to Neutral

BofA Securities downgraded Array Tech from Buy to Neutral and set a new price target of $7.00 from $11.00 previously

Jefferies resumed coverage of Array Tech with a rating of Buy and set a new price target of $11.00

8-K - Array Technologies, Inc. (0001820721) (Filer)

SD - Array Technologies, Inc. (0001820721) (Filer)

8-K - Array Technologies, Inc. (0001820721) (Filer)

SCHEDULE 13G/A - Array Technologies, Inc. (0001820721) (Subject)

10-Q - Array Technologies, Inc. (0001820721) (Filer)

8-K - Array Technologies, Inc. (0001820721) (Filer)

DEFA14A - Array Technologies, Inc. (0001820721) (Filer)

DEF 14A - Array Technologies, Inc. (0001820721) (Filer)

10-K - Array Technologies, Inc. (0001820721) (Filer)

8-K - Array Technologies, Inc. (0001820721) (Filer)

4 - Array Technologies, Inc. (0001820721) (Issuer)

4 - Array Technologies, Inc. (0001820721) (Issuer)

4 - Array Technologies, Inc. (0001820721) (Issuer)

4 - Array Technologies, Inc. (0001820721) (Issuer)

4 - Array Technologies, Inc. (0001820721) (Issuer)

4 - Array Technologies, Inc. (0001820721) (Issuer)

4 - Array Technologies, Inc. (0001820721) (Issuer)

4/A - Array Technologies, Inc. (0001820721) (Issuer)

4/A - Array Technologies, Inc. (0001820721) (Issuer)

4 - Array Technologies, Inc. (0001820721) (Issuer)