Array Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2023; Full year 2023 net income of $86 million; Record full year Adjusted EBITDA of $288 million
ALBUQUERQUE, N.M., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a leading provider of tracker solutions, software and services for utility-scale solar energy projects, today announced financial results for its fourth quarter and full year ended December 31, 2023.
- “We finished 2023 on a strong note with revenue of $1,577 million, which was ahead of our expectations.
- Our global orderbook has increased to $1.8 billion fueled by $600 million in Q4 2023 bookings.
- This will enable us to have our third consecutive year of delivering both adjusted EBITDA and adjusted EBITDA margin growth.
- Array management will host a conference call to discuss their fourth quarter and full year 2023 financial results on February 27, 2024 at 5:00 p.m. Eastern Time.