Array Technologies(ARRY)
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Array Unveils SkyLink Tracker System to Maximize Solar Efficiency in Extreme Weather & Reduce Costs
GlobeNewswire News Room· 2024-08-07 12:45
ALBUQUERQUE, N.M., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or the “Company”), a global leader in utility-scale solar tracking solutions, announced the launch of SkyLink, a revolutionary PV-powered wireless tracker system that builds on the capabilities of DuraTrack® and OmniTrack™️ offerings. Array DuraTrack with SkyLink™️ and Array OmniTrack with SkyLink™️ uphold the key benefits of Array trackers that our customers depend on with added flexibility and optimization. New ...
Array Technologies, Inc. (ARRY) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
ZACKS· 2024-08-01 15:06
Array Technologies, Inc. (ARRY) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on August 8, 2024, might help the stock move higher if these key numbers are bette ...
3 Solar Stocks That Could Make Your Summer Unforgettable
Investor Place· 2024-07-31 18:39
Solar stocks are on every investor’s mind in the run-up to the 2024 election on Nov. 5. Before the election, investors and experts are looking for policy measures to sustain the secular increase in solar adoption and associated stocks in the process.Low prices, technical innovations, and government policies that support solar power are driving the worldwide solar power industry. This market will be worth $273 billion in 2024 and possibly increase to roughly $436 billion by 2032.The Inflation Reduction Act i ...
Array Technologies, Inc. (ARRY) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-07-26 23:21
The most recent trading session ended with Array Technologies, Inc. (ARRY) standing at $11.22, reflecting a +0.54% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 1.11%. Elsewhere, the Dow gained 1.64%, while the tech-heavy Nasdaq added 1.03%.Coming into today, shares of the company had gained 5.28% in the past month. In that same time, the Oils-Energy sector lost 10.8%, while the S&P 500 lost 1.16%.The investment community will be closely monit ...
Array Technologies, Inc. (ARRY) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-07-19 23:22
Array Technologies, Inc. (ARRY) closed at $10.52 in the latest trading session, marking a -1.68% move from the prior day. This change lagged the S&P 500's daily loss of 0.71%. On the other hand, the Dow registered a loss of 0.93%, and the technology-centric Nasdaq decreased by 0.81%.Prior to today's trading, shares of the company had lost 13.22% over the past month. This has lagged the Oils-Energy sector's loss of 8.42% and the S&P 500's gain of 1.08% in that time.Investors will be eagerly watching for the ...
Array Technologies, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call
Newsfilter· 2024-07-18 20:03
Core Viewpoint - Array Technologies will release its second quarter 2024 results on August 8, 2024, after market close, followed by a conference call at 5:00 p.m. Eastern Time [1] Group 1: Earnings Release Details - The second quarter 2024 results will be announced after market close on August 8, 2024 [1] - A conference call will take place at 5:00 p.m. Eastern Time on the same day [1] - The conference call can be accessed via phone or through a webcast on the company's Investor Relations website [2] Group 2: Access Information - Domestic callers can dial (877)-869-3847, while international callers can use (201)-689-8261 to join the conference call [1] - A telephonic replay will be available approximately three hours after the call, accessible at (877)-660-6853 for domestic and (201)-612-7415 for international callers [1] - The passcode for both the live call and replay is 13747649, with the replay available until 11:59 p.m. ET on August 22, 2024 [1] Group 3: Company Overview - Array Technologies is a leading provider of utility-scale solar tracker technology, designed to maximize energy production [3] - The company focuses on delivering high-quality solar trackers and sophisticated software to support sustainable energy adoption [3] - Array Technologies relies on a diversified global supply chain and a customer-centric approach to support solar energy developments worldwide [3]
3 Solar Stocks That Could Grow Your Wealth
Investor Place· 2024-07-16 18:11
If you’re in limbo about which companies to invest in, maybe solar stocks should be your next stop. It’s never been a better time for the solar industry. This is due to one obvious reason: the current friendly regulatory environment for U.S.-based solar manufacturers. Recently, the Biden admin raised tariffs on solar cells from China — a move that will boost domestic production at home, cut down on reliance on foreign imports and allow American solar companies to thrive.The other rather unexpected reason is ...
Array Technologies Publishes 4th Annual Sustainability Disclosures
Newsfilter· 2024-07-16 12:44
Core Insights - Array Technologies has published its fourth annual ESG and sustainability disclosures, reinforcing its commitment to integrity in energy generation [1][2] Group 1: Sustainability Initiatives - Renewable electricity usage increased to 31%, up from 25% the previous year [2] - Achieved a 27% reduction in total recordable incident rate (TRIR) through enhanced employee safety training and policies [2] - Continued to reduce direct emissions intensity via renewable energy sourcing and operational efficiency [2] - Made progress in recruiting diverse candidates within middle management roles, working towards 2025 goals [2] - Strong compliance performance in business ethics and cybersecurity procedures [2] - Enhanced supplier engagement to improve supply chain data and due diligence [2] Group 2: Company Overview - Array Technologies is a leading provider of utility-scale solar tracker technology, designed to maximize energy production [3] - The company is headquartered in the United States and has a diversified global supply chain [3] - Array aims to support solar energy developments worldwide, contributing to a sustainable energy future [3]
Array Technologies Publishes 4th Annual Sustainability Disclosures
GlobeNewswire News Room· 2024-07-16 12:44
ALBUQUERQUE, N.M., July 16, 2024 (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 published its fourth annual ESG and sustainability disclosures in line with the company’s ongoing commitment to customers, investors, and key stakeholders to generate energy with integrity. Array’s 2023 ESG & Sustainability disclosures can be found here. “Sustainability remains a foundational part ...
3 Renewable Energy Stocks to Buy at 52-Week Lows in July
Investor Place· 2024-07-16 10:30
From transportation to manufacturing consumer products, energy is at the core of our lives. Within the energy market, renewable energy has grown rapidly as the global consciousness of climate change is increasing. Although the renewable energy sector has been down recently, this does not take away the fact that our society needs to move toward cleaner energy and away from traditional fuel sources like natural gas, oil and coal. This new renewable energy sector includes anything from hydrogen fuel systems to ...