Core Insights - ARRAY Technologies has appointed Leonardo Serpa as general manager for EMEA and Héctor Sánchez as vice president of sales for the same region, aiming to enhance its operations in Europe, the Middle East, and Africa [1][3]. Leadership Background - Leonardo Serpa previously served as CEO at Essentia Energia, where he negotiated with global solar and wind equipment suppliers, and has held leadership roles at Engie Solutions and ABB Ltd. He holds a Ph.D. in electrical engineering and an executive MBA [2][3]. - Héctor Sánchez has a strong sales leadership background in the solar tracker industry, having been the vice president of sales for Soltec Trackers, and will focus on building a robust sales organization in EMEA [2][4]. Strategic Goals - The leadership of Serpa and Sánchez is expected to drive growth and deepen ARRAY's commitment to clients in the EMEA region, aligning with the company's mission to provide innovative solar solutions [3][4]. Company Overview - ARRAY Technologies is a leading global renewable energy company specializing in utility-scale solar tracking technology, designed to maximize energy production and support sustainable energy adoption [5].

[Table_Title] 研究报告 Research Report Scott Darling Catherine Li scott.darling@htisec.com catherine.dy.li@htisec.com 8 Nov 2024 Array Technologies (ARRY US) 下调 2024 财年指引；2025 财年实现两位数收入增长 [Table_yemei1] 热点速评 Flash Analysis [Table_summary] （本报告为 2024 年 11 月 8 日发布的英文报告的翻译版，以原稿为准） 事件 我们预计 Array 的 2024 年第二季度业绩市场反应为负面，尽管该公司报告调整后的 EDITDA 略好于共识，这主要是 由于稳健的成本管理。在净利润方面，业绩受到 STI 交易的商誉减值的影响。由于巴西的疲软和非经常性费用，该 公司略微下调了 2024 财年的指引。该公司表示，有信心在 2025 年实现两位数的营收增长，但重申了其对许可、互 联和项目延迟的一贯担忧。 点评 2024 财年指引略有下调：公司维持 2024 财年营收指引为 9 - 9.2 亿美元 ...

Array Technologies, Inc. (NASDAQ:ARRY) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Sarah Sheppard - IR Kevin Hostetler - CEO Neil Manning - President and COO Kurt Wood - CFO James Zhu - CAO Conference Call Participants Julien Dumoulin-Smith - Jefferies Brian Lee - Goldman Sachs Jordan Levy - Truist Securities Jon Windham - UBS Philip Shen - ROTH Capital Partners Dimple Gosai - Bank of America Joe Osha - Guggenheim Partners Vikram Bagri - Citigroup Kashy Harrison - Piper ...

Array Technologies, Inc. (ARRY) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.43%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.20, delivering a surprise of 100%.Over the last four quarters, the c ...

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 September 30, 2024 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 | --- | ...

November 7, 2024 ARRAY Technologies, Inc. Reports Financial Results for the Third Quarter 2024 – Delivers exceptional gross margin growth and continued operational momentum Third Quarter 2024 Highlights • Revenue of $231.4 million • Gross Margin of 33.8% • Adjusted gross margin of 35.4% • Net loss to common shareholders of $(155.4) million ◦ Net loss to common shareholders inclusive of $162 million non-cash goodwill impairment charge associated with the 2022 STI acquisition • Adjusted EBITDA of $46.7 millio ...

Nuclear energy news helped solar energy for once.Shares of solar energy stocks jumped across the board on Monday, which happens to be a day before the U.S. presidential election. Of course, election speculation played a role in the move, but it's also not the only reason it happened, which I'll get to.Shares of Sunnova Energy (NOVA 14.31%) jumped as much as 15% today, Array Technologies (ARRY 12.09%) was up 15.4%, and Sunrun (RUN 8.94%) popped 10.7%. The stocks were up 11.3%, 14.2%, and 8.6% respectively at ...

Nationally ranked stock picker for 30 years. Victory Formation and Bottom Fishing Club quant-sort pioneer.....Paul Franke is a private investor and speculator with 38 years of trading experience. Mr. Franke was Editor and Publisher of the Maverick Investor® newsletter during the 1990s, widely quoted by CNBC®, Barron’s®, the Washington Post® and Investor’s Business Daily®. Paul was consistently ranked among top investment advisors nationally for stock market and commodity macro views by Timer Digest® during ...

Array Technologies (NASDAQ: ARRY ), a specialist in utility-scale solar tracking technology, is a name we’ve covered a couple of times now. We last wrote about ARRY at the turn of 2024, and back then, whilst we did spot some greenAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation fo ...

Northrop Grumman Corp.’s (NOC) business unit, Northrop Grumman Systems, recently secured a modification contract to supply active electronically scanned array (AESA) radars for the U.S. Air Force’s F-16 aircraft fleet. The award has been offered by the Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, OH.Details of the DealValued at $30 million, this contract is projected to be completed by May 30, 2031. Work related to this deal will be executed in Linthicum Heights, MD. The latest m ...