earnings
confidence high
sentiment positive
materiality 0.75
Array Technologies Q1 2025 revenue $302.4M, adjusted EPS $0.13, beats guidance; maintains FY outlook
Array Technologies, Inc.
2025-Q1 EPS reported
$0.02
revenue$302,363,000
- Revenue $302.4M, gross margin 25.3%, adjusted gross margin 26.5%.
- Net income $2.3M ($0.02 EPS); adjusted net income per diluted share $0.13.
- Adjusted EBITDA $40.6M; total executed contracts and awarded orders $2.0B.
- Maintains FY2025 guidance: revenue $1.05-$1.15B, adj. EBITDA $180-$200M, adj. EPS $0.60-$0.70.
- Now able to quote 100% domestic content trackers under IRA Table I; strong international contracting momentum.