Monday, April 22, 2024

Why Array Technologies Stock Is Falling

Why Array Technologies Stock Is Falling


Array Technologies, Inc. (NASDAQ: ARRY) shares are trading lower Wednesday after the company reported worse-than-expected third-quarter revenue results and issued full year revenue guidance below estimates.

What To Know:

Array Technologies reported quarterly earnings of $0.21 per share, beating the analyst consensus estimate of 12 cents by 75% and representing a 16.67% increase over earnings of 18 cents per share from the same period last ...

Full story available on Benzinga.com