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
Array Technologies(ARRY) Newsfilter·2024-02-27 21:05Fourth 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 ...