Array Technologies(ARRY) - 2024 Q3 - Quarterly Results

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 ...