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Solar stocks plunge as Republican tax bill worse than feared for clean energy
CNBC· 2025-05-22 12:48
Double Black Diamond Solar near Waverly, south of Springfield, Illinois, is set to be the largest solar farm east of the Mississippi River on July 31, 2024.Solar stocks plunged premarket on Thursday after House Republicans passed a tax bill that terminates key clean energy credits.Residential solar installer Sunrun plummeted more than 35%. The legislation ends tax credits for installers like Sunrun that lease equipment to customers.The GOP bill is a "worse than feared" scenario for clean energy, as it takes ...
ARRAY Unveils Hail XP: An Industry-Leading Tracker for Extreme Weather Protection
Newsfilter· 2025-05-15 20:06
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, ...
ARRAY Unveils Hail XP: An Industry-Leading Tracker for Extreme Weather Protection
GlobeNewswire News Room· 2025-05-15 20:06
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, ...
Array Technologies: On The Road To Recovery
Seeking Alpha· 2025-05-07 00:06
Company Overview - Array Technologies, Inc. was founded in 1989 and is based in Albuquerque, NM, specializing in solar tracking equipment and technology for the solar power industry, primarily for utility-scale installations [1] Industry Insights - The company provides solar trackers, which are systems that position solar panels to maximize sunlight exposure, thereby enhancing energy production [1] Investment Philosophy - The investment approach emphasizes the slow accumulation of high-quality assets, blending steady investment with high-risk, high-reward opportunities, and transformative technologies [1]
Array Technologies(ARRY) - 2025 Q1 - Quarterly Report
2025-05-06 21:02
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 March 31, 2025 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) Delaware 83-2747826 (State or Ot ...
Array Technologies: Stabilization Presents A Great Risk-To-Reward Opportunity
Seeking Alpha· 2025-05-06 16:34
Array Technologies, Inc. (NASDAQ: ARRY ) manufactures and sells solar tracking technology in the United States, Spain, Brazil, Australia, as well as other markets. The company sells to customers who develop solar energy sites, for example, includingI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by unders ...
Array Technologies, Inc. (ARRY) Q1 Earnings and Revenues Top Estimates
ZACKS· 2025-05-06 13:26
Array Technologies, Inc. (ARRY) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 44.44%. A quarter ago, it was expected that this company would post earnings of $0.17 per share when it actually produced earnings of $0.16, delivering a surprise of -5.88%.Over the last four quarters, the ...
Array Technologies(ARRY) - 2025 Q1 - Earnings Call Transcript
2025-05-06 13:02
Array Technologies (ARRY) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Company Participants Julia Ward - Investor RelationsKevin Hostetler - CEONeil Manning - President and Chief Operating OfficerKeith Jennings - Chief Financial OfficerMark Strouse - Executive DirectorColin Rusch - Managing Director - Head of Sustainable Growth & Resource Optimization ResearchDavid Benjamin - Equity Research AssociateBrian Lee - Vice President Conference Call Participants None - AnalystPhilip Shen - Managing Director, Sen ...
Array Technologies(ARRY) - 2025 Q1 - Earnings Call Transcript
2025-05-06 12:00
Array Technologies (ARRY) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Speaker0 Greetings. Welcome to Array Technologies First Quarter twenty twenty five Earnings Call. It is now my pleasure to introduce your host, Julia Ward, Investor Relations at Array. Please go ahead. Speaker1 Thank you. I would like to welcome everyone to Array Technologies first quarter twenty twenty five earnings conference call. I am joined on this call by Kevin Hostetler, our CEO Keith Jennings, our CFO and Neil Manning, our Pres ...
Array Technologies(ARRY) - 2025 Q1 - Earnings Call Presentation
2025-05-06 11:39
1Q 2 5 E A R N I N G S P RE S E N TA T IO DISCLAIMER 1Q25 EARNINGS PRESENTATION Forward Looking Statements May 6, 2025 Thi s presentation contains forward-looking statements that are based on our management's beli efs and assumptions and on informati on currently available to our management. Forward-looking statements inclu de informati on concerning our possible or assumed future results of operations, business strategies, financing and investment plans, competitive position, indu stry and regulatory envir ...