Why Array Technologies Stock Is Falling

  • By Grand News Network
  • |
  • November 8, 2023

Array Technologies, Inc. (NASDAQ: ARRY) shares are trading lower Wednesday after the company reported worse-than-expected third-quarter revenue results and issued full year revenue guidance below estimates.

What To Know:

Array Technologies reported quarterly earnings of $0.21 per share, beating the analyst consensus estimate of 12 cents by 75% and representing a 16.67% increase over earnings of 18 cents per share from the same period last ...

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