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Array Technologies Stock Heats Up On Q1 Earnings As Momentum From Q4 Continues Into New Year

Array Technologies Inc (NASDAQ:ARRY) shares are trading higher in Thursday’s after-hours session on the heels of the company’s first-quarter financial results. Here’s a rundown of the report. Q1 Revenue: $153.4 million, versus estimates of $140.106 million Q1 EPS: Loss of 7 cents/ Adjusted EPS 6 cents “We started 2024 off strong as the momentum observed in the fourth quarter of 2023 continued into the new year with approximately $400 million of bookings in the first quarter, demonstrating continued strong global demand for our products and services. Over the last four quarters we have cumulatively ...