With the price of oil creeping over $80 a barrel, investors thinking about investing in energy stocks are looking at the oil and gas sectors. This comes after a year in which all energy stocks were weighed down by high interest rates and concerns about a recession that never materialized. But you don’t have to be a contrarian to consider some of Wall Street’s favorite renewable energy stocks.In 2023, renewable energy stocks had a rough year. The momentum in the solar sector has stalled. The infrastructure f ...

The renewable energy sector is one of the most promising industries with a market size valued at $1.09 trillion in 2023 and expected to reach $2.45 trillion by 2032. As the global consciousness for climate change has increased over the last decade, the industry has been continuously growing with major subsidies from the government. The growth has led to the creation undervalued clean energy stocks.In the U.S., the federal incentives to support renewable energy were almost 5 times higher than those for fossi ...

[ 研Ta 究bl 报e_ 告Titl Re] e search Report 28 Feb 2024 阵列技术 Array Technologies (ARRY US) 盈利超预期，但 2024 财年指引远低于共识，项目延迟 Scott Darling Axel Leven scott.darling@htisec.com axel.leven@htisec.com [热Ta点bl速e_评yemFleais1h] Analysis [本Ta报ble告_su为mm 2a月ry] 28 日发布的英文报告的翻译版。 事件 我们预计 Array 的 4Q23 业绩将被市场负面看待，尽管该公司报告的 GAAP 净收入高于市场预期，这是由好于预期 的收入推动的。该公司的 24 财年指引远低于市场预期，但重申了扣除 IRA 收益后的中高利润率(包括 IRA 在内的 30%)。该公司还表示，由于项目持续推迟，收入将加权至 2024 年至 2025 年。尽管该公司给出了 2024 财年的指 引，但它让我们相信，它已经建立了良好的利润率和高质量的库存，因此，我们将把任何股价下跌都视为买入机 会。 点评 2024 财年指引远低于 ...

研究报告Research Report 4 Mar 2024 阵列技术 Array Technologies (ARRY US) 盈利增长复苏的估值水平具有吸引力；差异化的美国太阳能名称 [观Ta点bl聚e_焦yemInevie1s] tment Focus [Tab维le_持Inf优o] 于大市Maintain OUTPERFORM 价格目标为22美元/股，上涨空间近60% 我们认为阵列技术公司在太阳能价值链中提供差异化产品，我们 评级 优于大市OUTPERFORM 现价 14.14美元 看到强劲的需求展望。公司已重新设定增长预期，部分项目延 目标价 22.00美元 迟。公司指导今年到 2025 年收入逐步改善，我们预测公司将实现 24%的FY24-26E盈利增长。由于该股交易价格为12.6x 2024财年E 市值 21.4亿美元 P/E，我们认为市场尚未充分认识到该公司的中期增长前景，我们 日交易额 (3个月均值) 8956万美元 重申我们的优于大市展望。 已发行股份 151.29mn 点评 自由流通股 (%) 98% 1年股价最高最低值 26.32-12.98美元 FY24 指引远低于一致预期；重申利润 ...

February 27, 2024 Array Technologies 4Q 2023 Earnings Call Disclaimer Forward-LookingStatementsandOtherInformation Thisprese ...

Array Technologies, Inc. (NASDAQ:ARRY) Q4 2023 Earnings Conference Call February 27, 2024 5:00 PM ET Corporate Participants Cody Mueller - Investor Relations Kevin Hostetler - Chief Executive Officer Kurt Wood - Chief Financial Officer Conference Call Participants Mark Strouse - JPMorgan Juan Gutierrez - Barclays Brian Lee - Goldman Sachs David Benjamin - Mizuho Donovan Schafer - Northland Capital Markets Joseph Osha - Guggenheim Partners Colin Rusch - Oppenheimer Kashy Harrison - Piper Sandler Andrew Perco ...

Array Technologies, Inc. (ARRY) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 90.91%. A quarter ago, it was expected that this company would post earnings of $0.11 per share when it actually produced earnings of $0.21, delivering a surprise of 90.91%.Over the last four quarters, the ...

Fourth Quarter 2023 Financial Highlights Revenue of $341.6 millionNet income to common stockholders of $6.0 millionAdjusted EBITDA(1) of $48.2 millionBasic and diluted net income per share of $0.04Adjusted diluted net income per share(1) of $0.21$49.9 million of 45X benefit earned for 2023 torque tube deliveries; $9.3 million recognized during 2023 in the statement of operations Full Year 2023 Financial Highlights Revenue(2) of $1,576.6 millionNet income to common stockholders of $85.5 millionAdjusted EBIT ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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) | --- | --- | --- | |---------------- ...

February 27, 2024 Array Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2023; Full year 2023 net income of $86 million; Record full year Adjusted EBITDA of $288 million Fourth Quarter 2023 Financial Highlights • Revenue of $341.6 million • Net income to common stockholders of $6.0 million • Adjusted EBITDA of $48.2 million • Basic and diluted net income per share of $0.04 • Adjusted diluted net income per share of $0.21 • $49.9 million of 45X benefit earned for 2023 torque ...