AT

Array Technologies

ARRY
NASDAQIndustrials
$7.70
USD
+0.21(+2.87%)
At close: Apr 30, 19:49 UTC
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Open

$7.73

Prev. Close

$7.74

High

$7.73

Low

$7.69

Market Snapshot

Market Cap

$1.14B

P/E Ratio

-10.2

EPS

-1.94

Revenue

$915.81M

Why ARRY moved

Array Technologies' stock experienced a 56.5% total return over the past year, highlighting resilience despite recent declines in the solar energy market.

About

Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company is headquartered in Albuquerque, New Mexico and currently employs 1,200 full-time employees. The company went IPO on 2020-10-15. Its segments include Array Legacy Operations and STI Legacy Operations. Its products are a portfolio of integrated solar tracking systems comprised of software and hardware that include component parts such as steel tubing, steel supports, drivelines, center structures, electric motors, motor controller assemblies, bearing assemblies, gearboxes and electronic controllers, referred to as a single-axis tracker. Its flagship tracker uses a patented design that allows one motor to drive multiple rows of solar panels. Its products and services include Tracker Systems; DuraTrack HZ v3; Array STI H250; Array OmniTrack, and SmarTrack Software. SmarTrack is a range of software and control-based products designed for utility-scale solar sites. The company is also a provider of solar racking and structural solutions.

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