The most recent trading session ended with Array Technologies, Inc. (ARRY) standing at $15.20, reflecting a +1.2% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.58%. Elsewhere, the Dow gained 0.91%, while the tech-heavy Nasdaq added 0.3%.Coming into today, shares of the company had gained 12.17% in the past month. In that same time, the Oils-Energy sector lost 0.35%, while the S&P 500 gained 4.61%.Investors will be eagerly watching for the performance of Arr ...

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Key PointsSolar tracker systems automatically follow the sun and position solar panels to maximize daily electricity production.Nextracker has been the leader in solar tracker systems for a seventh consecutive year, commanding a 30% global market share, crushing its fiscal Q3 2024 estimates and raising full-year 2024 top and bottom line estimates.Array Technologies commands an 18% global market share and will report its next earnings in March 2024, coming off a guidance cut on its November 2023 earnings rel ...

The most recent trading session ended with Array Technologies, Inc. (ARRY) standing at $13.68, reflecting a -0.29% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 1.07%. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq appreciated by 1.74%.The company's shares have seen a decrease of 11.14% over the last month, not keeping up with the Oils-Energy sector's loss of 0.76% and the S&P 500's gain of 2.93%.Market participants will ...

Renewable energy stocks could come back into vogue this year. Many countries around the world are far behind their carbon emissions targets, and the urgency to address the climate crisis may energize investment in these companies.Also, government incentives and policies favor renewable energy. This regulatory support can boost the profitability of renewable energy companies. Solar, wind and hydroelectric power are popular choices to achieve the carbon-neutral goals of many countries.The benefit of this rene ...

In the latest market close, Array Technologies, Inc. (ARRY) reached $13.02, with a -1.44% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.07%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.The company's shares have seen a decrease of 22.7% over the last month, not keeping up with the Oils-Energy sector's loss of 2.53% and the S&P 500's gain of 3.05%.Investors will be eagerly watching for the ...

The second half of 2023 was the end of the solar energy party. After several years of solid growth, boosted by the initial effects of legislation -- like the U.S. Inflation Reduction Act (IRA) -- aimed at boosting renewable energy sources, the solar market hit the skids. Higher interest rates (which make financing a bit harder) and an excess supply of various industrial components have sent solar companies into a slump. It's unclear how long this downturn will last. One previous investor darling, Array Tech ...

Array Technologies, Inc. (NASDAQ:ARRY) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Cody Mueller - IR Kevin Hostetler - CEO Nipul Patel - CFO Conference Call Participants Mark Strouse - JPMorgan Julien Dumoulin-Smith - Bank of America Donovan Schafer - Northland Capital Market Tristan Richardson - Scotiabank Jordan Levy - Trust Securities Brian Lee - Goldman Sachs Colin Rusch - Oppenheimer Joe Osha - Guggenheim Partners Jon Windham - UBS Tom Curran - Seaport Global Secur ...

November 7, 2023 Array Technologies 3Q 2023 Earnings Call Disclaimer Forward-Looking Statements and Other Information This pres ...

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, 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) | --- | --- | --- | --- | |- ...