Array BioPharma Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

Poway, calif.--(business wire)--epc power, a leading u.s. provider of high-performance, utility-scale, smart inverters for the solar and storage industries, announced today that jim fusaro has been appointed by the board of directors and assumed the position of chief executive officer effective april 15, 2024. fusaro brings deep industry and management experience to lead the company through its next stage of growth, furthering its growing international customer base and expansion into new marke.

Albuquerque, n.m., april 18, 2024 (globe newswire) -- array technologies, inc. (the “company” or “array”) (nasdaq: arry) today announced that the company will release its first quarter 2024 results after the market close on thursday, may 9th, 2024, to be followed by a conference call at 5:00 p.m. (eastern time) on the same day.

Albuquerque, n.m., march 26, 2024 (globe newswire) -- array technologies (nasdaq: arry) (“array” or “the company”), a global leader in utility-scale solar tracking, is proud to announce the launch of its patented hail alert response, a groundbreaking set of software features designed to autonomously protect solar assets from hail damage.

Fourth quarter 2023 financial highlights revenue of $341.6 million net income to common stockholders of $6.0 million adjusted ebitda(1) of $48.2 million basic and diluted net income per share of $0.04 adjusted 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 million net income to common stockholders of $85.5 million adjusted ebitda(1) of $288.1 million basic and diluted net income per share of $0.57 and $0.56 adjusted diluted net income per share(1) of $1.13 cash flow from operating activities of $232.0 million free cash flow(3) of $215...

Albuquerque, n.m., feb. 22, 2024 (globe newswire) -- array technologies (nasdaq: arry) (“array” or “the company”), a leading manufacturer of utility-scale solar tracking technology, announced a new strategic partnership with aluminum products company (alupco®), a leading aluminum extrusion company in the middle east and north africa, to support the growing market for renewable energy projects in the region.

Tesla is laying off 10% of its staff and that doesn't bode well for EV demand. Higher rates that have hurt auto demand and renewable stocks continue to push higher.

ALBUQUERQUE, N.M., April 18, 2024 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its first quarter 2024 results after the market close on Thursday, May 9th, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Array Technologies (ARRY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

The future is green. As the government and companies continue to prioritize renewable energy and its uses worldwide, so should investors.

The solar industry will be a long-term beneficiary of the energy transition that's happening throughout the world. Governments are flooding the sector with money and will need to continue investing in the sector.

A green economy is fast approaching, and renewable energy companies are reaping the benefits. Indeed, a recent article from ClimateWire cites that renewables will take over coal as the global source of electricity by 2025.

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.

In 2024, the US economy is demonstrating remarkable strength and resilience. With a robust labor market and signs of sustained consumer spending, economists are increasingly optimistic about economic growth.

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.

Array Technologies, Inc. (ARRY) Q4 2023 Earnings Call Transcript