Earnings Summary

Array Technologies Inc’s revenue fell -15.04% since last year same period to $341.62Mn in the Q4 2023. On a quarterly growth basis, Array Technologies Inc has generated -2.52% fall in its revenue since last 3-months.

Array Technologies Inc’s net profit jumped 353.41% since last year same period to $23.09Mn in the Q4 2023. On a quarterly growth basis, Array Technologies Inc has generated -0.55% fall in its net profits since last 3-months.

Array Technologies Inc’s net profit margin jumped 398.26% since last year same period to 6.76% in the Q4 2023. On a quarterly growth basis, Array Technologies Inc has generated 2.02% jump in its net profit margins since last 3-months.

Array Technologies Inc’s price-to-earnings ratio after this Q4 2023 earnings stands at 20.13.

Array Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at -0.03 - a -127.27% fall from last quarter’s estimates.

Array Technologies Inc’s earning per share (EPS) estimates for the current year stand at -0.03.

Array Technologies Inc’s earning per share (EPS) jumped 110% since last year same period to 0.21 in the Q4 2023. This indicates that the Array Technologies Inc has generated 110% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Array Technologies Inc’s return on assets (ROA) stands at 0.08.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Array Technologies Inc’s return on equity (ROE) stands at 0.27.