Education
About Us
Working with TipRanks
Follow Us
Array Technologies (ARRY)
NASDAQ:ARRY
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.2Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 50.71%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
Array Technologies demonstrated robust revenue and volume growth, with significant product innovation and a strong cash position. However, challenges such as gross margin compression, regulatory uncertainties, and international market difficulties present obstacles. While the highlights show promising growth and product adoption, the lowlights indicate significant external challenges.Company Guidance
During Array Technologies' first quarter 2025 earnings call, the company provided robust financial guidance for the year, maintaining its full-year 2025 revenue outlook of $1.05 billion to $1.15 billion, despite market uncertainties. The first quarter saw significant achievements, including a 143% increase in volume growth compared to the prior year and revenue reaching $302 million, marking a 97% increase year-over-year. Adjusted gross margin was reported at 26.5%, with a strong cash position of $348 million at the end of the quarter. The company's order book remained resilient at $2 billion, with 40% of this to be delivered in the remaining quarters of 2025. Additionally, Array Technologies expects full-year adjusted EBITDA to be between $180 million and $200 million, with adjusted diluted earnings per share anticipated to range from $0.60 to $0.70. The company also highlighted ongoing discussions with customers about long-term volume commitment agreements (VCAs) and emphasized its strategic focus on product innovation and operational efficiency.Strong Revenue Growth
Array Technologies reported a 97% increase in revenue to $302 million in Q1 2025 compared to the prior year, and a 10% increase sequentially from Q4 2024.
Significant Volume Growth
Volume growth of 143% over the prior year first quarter, marking the second-largest quarter of volume shipped since Q2 2023.
Resilient Order Book
Maintained a $2 billion order book with an 18% increase in new contracts compared to Q4 2024.
Innovative Product Launches
OmniTrack and SkyLink accounted for 15% of revenue in Q1 and 30% of new bookings, showcasing strong market adoption.
Strong Cash Position
The company ended the quarter with $348 million in cash and total liquidity of $510 million, including an undrawn revolver.
ARRY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ARRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $4.93 | $5.15 | +4.46% |
Feb 27, 2025 | $6.55 | $5.28 | -19.39% |
Nov 07, 2024 | $6.20 | $6.04 | -2.58% |
Aug 08, 2024 | $8.99 | $7.10 | -21.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Array Technologies (ARRY) report earnings?
Array Technologies (ARRY) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Array Technologies (ARRY) earnings time?
Array Technologies (ARRY) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARRY EPS forecast?
ARRY EPS forecast for the fiscal quarter 2025 (Q2) is 0.19.
