Why R&D Spending Is Central to ARRY's Long-Term Profitability

Key Takeaways Array Technologies invests heavily in R&D to enhance tracker design and software capabilities.ARRY's DuraTrack and OmniTrack platforms boost energy yield and lower LCOE.ARRY trades at 12.17x earnings vs. the industry's 18.43. Its shares jumped 95% in six months.Array Technologies (ARRY) places strong emphasis on research and development (R&D) as a fundamental pillar of its long-term growth and competitiveness. Being a leading global provider of solar tracking technology, continuous R&D makes i ...