Array Technologies, Inc. Common Stock (ARRY) After-Hours Stock Quotes - Nasdaq offers after-hours quotes and extended trading activity data for US and global markets. This $2.2 million is reflected in the "Other Expense" line in Adjusted EBITDA. 0. Array Technologies (ARRY) stock price, charts, trades & the US's most popular discussion forums. Long. ARRY: Array Technologies, Inc. - Price and Consensus Chart. Array Technologies, Inc. Net income increased 49% to $59.1 million, compared to $39.7 million during the same period in the prior year and basic and diluted income per share was $0.49 compared to $0.33 during the same period in the prior year. The decisions and events that typically lead to the recognition of non-GAAP adjustments are inherently unpredictable as to if or when they may occur. Executed Contracts and Awarded Orders Total executed contracts and awarded orders at December 31, 2020 was $705.3 million of which we expect to recognize $654.2 million during the 12 months ending December 31, 2021. NASDAQ:ARRY There Is Possibility For Cup -- Target First 47.04 -- Second Target 54.68 0. We consider these costs not representative of legal costs that we will incur from time to time in the ordinary course of our business. We are making significant investments in new product development with the goal of addressing common ‘pain points’ in utility-scale solar installation. ARRY stock quote, chart and news. Symbol Last Price; Currencies. ARRY, 1D. Array Technologies is a leading global technology company providing tracker solutions and services for utility-scale solar energy projects as one of the world's largest manufacturers of ground-mounted systems. Forward-looking statements include information concerning our projected future results of operations, business strategies, and industry and regulatory environment. (c) For the three months ended December 31, 2020, other costs represent (i) certain costs associated with our initial public offering and follow on offering of $3.2 million and, (ii) costs associated with our initial Board of Directors search for $0.1 million. Related Link: Are Genomic Stocks The Next FANG Stocks Array Technologies: In October 2020, Array Technologies (NASDAQ: ARRY) went public bringing a new solar stock offering for investors. We have several new products, product features and installation methods in development this year that we believe could significantly reduce the cost and labor required to install our tracker system and further extend our technology lead over competitors.” “We believe the tremendous tailwinds we have in solar today from government, businesses and consumers coupled with the innovations we are preparing to introduce to the market position us to deliver continued strong results for our shareholders,” concluded Mr. Fusaro. Operating expenses increased to $107.6 million compared to $67.4 million during the same period in the prior year primarily as a result of a $26.4 million expense related to the revaluation of contingent consideration mainly related to an earn-out obligation we have with our founder. We define Adjusted Net Income as net income (loss) plus (i) amortization of intangibles, (ii) amortization of debt discount and issuance costs (iii) equity based compensation, (iv) remeasurement of the fair value of contingent consideration, (v) ERP implementation costs, (vi) certain legal expense, (vii) other costs, and (viii) income tax (expense) benefit of adjustments. ARRY Long. Operating expenses increased to $37.7 million compared to $20.1 million during the same period in the prior year primarily as a result of a $10.4 million expense related to the revaluation of contingent consideration mainly related to an earn-out obligation we have with our founder as well as higher costs associated with being a public company and an increase in headcount. Array Biopharma Stock Price History + Charts (ARRY) The following presents a detailed Array Biopharma stock price history for your review. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Yahoo is part of Verizon Media. indicators. This was one of the hottest and most talked about IPOs of 2020. Array Technologies Inc stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. A high-level overview of Array Technologies, Inc. (ARRY) stock. 0. (b) Represents certain legal fees and other related costs associated with (i) a patent infringement action against a competitor for which a judgement has been entered in our favor and successful defense of a related matter and (ii) a pending action against a competitor in connection with violation of a non-competition agreement and misappropriation of trade secrets. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Additionally, in 2019 we recorded a $4.0 million benefit from the reversal of a bad debt expense for which we had no comparable benefit in 2020. Investing.com has all the historical stock data including the closing price, open, high, low, change and % change. Find real-time ARRY - Array Technologies Inc stock quotes, company profile, news and forecasts from CNN Business. We also made a recent investment in a company with a unique technology that we believe could revolutionize the way utility-scale solar is installed.” “Cutting across all three of our growth strategies will be product innovation. Free forex prices, toplists, indices and lots more. With efficient installation and terrain flexibility coupled with high reliability, durability, and performance, Array delivers a lower levelized cost of energy. Gross margin decreased from 27% to 20% driven by less revenue to absorb fixed costs and project mix. Shares have fallen since then and could be a buying opportunity at new 52-week lows set this week. Array Technologies, Inc. (ARRY) Add to watchlist. ARRY: Get the latest Array Technologies stock price and detailed information including ARRY news, historical charts and realtime prices. According to 10 analysts, the average rating for ARRY stock is "Hold." All rights reserved. ARRY, 1D. Fourth-quarter total orders were up 233% year-over-year to more than 273 million. PlanTradePlanMM. Conference Call Information Array management will host a conference call today at 5:00 p.m. Eastern Time, to discuss the Company’s financial results. Check the real-time ARRY stock price on the NASDAQ exchange and access historical data for Array Technologies, Inc. stock. The amendment is expected to reduce cash interest expense by approximately $5 million in 2021Today we announced the opening of the Array Tech Research Center, a site dedicated to researching, developing and field testing advanced solar tracker technology.