Array technologies, inc. reports financial results for the first quarter 2024 – achieves record gross margin and $2.1 billion of executed contracts and awarded orders

First quarter 2024 highlights revenue of $153.4 million gross margin of 35.9% adjusted gross margin of 38.3%(1) net loss to common shareholders of $11.3 million adjusted ebitda(1) of $26.2 million basic and diluted net loss per share of $0.07 adjusted diluted net income per share(1) of $0.06 albuquerque, n.m., may 09, 2024 (globe newswire) -- array technologies (nasdaq: arry) (“array” or “the company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced financial results for its first quarter ended march 31, 2024.
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