{"schema_version":"secwatch.filing_event.v1","accession":"0001820721-24-000047","form_type":"8-K","ticker":"ARRY","cik":"0001820721","company_name":"Array Technologies, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.372884+00:00","generated_at":"2026-06-02T06:50:15.614620+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Array Q1: Record gross margin 38.3%, revenue $153.4M, $2.1B order book","bullets":["Revenue $153.4M; net loss $11.3M ($0.07 diluted EPS); adjusted diluted EPS $0.06.","Record adjusted gross margin 38.3%, up YoY, boosted by $4.0M supplier settlement and 45X benefits.","Q1 bookings ~$400M; total executed contracts and awarded orders at $2.1B.","Reaffirmed FY2024 guidance: revenue $1.25-1.4B, adjusted EBITDA $285-315M, adj. EPS $1.00-1.15.","Generated $45.1M free cash flow on strong collections and customer deposits."],"urls":{"canonical":"https://secwatch.observer/filing/0001820721-24-000047","json":"https://secwatch.observer/filing/0001820721-24-000047.json","markdown":"https://secwatch.observer/filing/0001820721-24-000047.md","text":"https://secwatch.observer/filing/0001820721-24-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820721/000182072124000047/0001820721-24-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820721/000182072124000047/arry-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:50:15.614620+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ef8051a3809a105f10fe3be6b3353d82d8871725","claim":"Array Technologies, Inc. reported first quarter ended March 31, 2024 results: revenue $153.4 million, net income Net loss to common shareholders of $11.3 million, EPS Basic and diluted net loss per share of $0.07. Guidance reaffirmed.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820721/000182072124000047/0001820721-24-000047-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$153.4 million"},{"label":"Net income","value":"Net loss to common shareholders of $11.3 million"},{"label":"EPS","value":"Basic and diluted net loss per share of $0.07"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}