Welcome to our dedicated page for Array Technologies news (Ticker: ARRY), a resource for investors and traders seeking the latest updates and insights on Array Technologies stock.
Array Technologies, Inc. (NASDAQ: ARRY) is frequently featured in news coverage as a global provider of solar tracking technology, fixed-tilt systems, software platforms, foundation solutions and field services for utility-scale and distributed generation solar PV projects. Company press releases highlight developments that span financial performance, capital markets activity, acquisitions, product capabilities and major customer projects.
Investors following ARRY news can expect regular updates on quarterly and annual financial results, often furnished via Form 8-K along with investor presentations and conference call details. These earnings releases discuss revenue trends, bookings, order backlog and guidance, as well as commentary from management on demand for solar energy projects and Array’s commercial execution.
Corporate strategy and transaction news is another key theme. In August 2025, Array announced the completion of its acquisition of APA Solar, a solar racking and structural solutions provider, and filed a related Form 8-K describing the purchase agreement, consideration structure and earnout terms. Earlier in June 2025, the company issued press releases and SEC filings about its offering and completion of a private placement of convertible senior notes due 2031, including details of the notes’ terms and associated capped call transactions.
Product and technology updates also feature prominently in Array’s news flow. A September 2025 release reported that the company’s DuraTrack and OmniTrack systems were verified by Intertek to be compatible with 2,000-volt module-wired systems under UL 3703 and UL 2703 standards. Another August 2025 release described Array’s first full-site deployment of a 100% domestic content tracker solution for a 200 megawatt solar project in Indiana, emphasizing domestic manufacturing and eligibility for tax credit incentives.
In addition, Array issues announcements about participation in investor conferences, earnings release dates and leadership appointments. Together, these news items provide ongoing insight into ARRY’s operations, strategic priorities, financing activities and role in solar energy infrastructure.
Array Technologies (NASDAQ: ARRY) has appointed Erica Brinker as Chief Marketing Officer and Tyson K. Hottinger as Chief Legal Officer. Brinker, with over 20 years of marketing experience from Honeywell, focuses on driving growth and enhancing ESG initiatives. Hottinger, previously with Maschoff Brennan, brings expertise in legal and compliance matters. CEO Jim Fusaro emphasized the importance of building a strong leadership team to seize opportunities in the booming solar market. Both executives aim to position Array as a leader in renewable energy solutions.
Array Technologies reported a revenue of $245.9 million for Q1 2021, representing a 44% decline from $437.7 million in Q1 2020 due to a decrease in ITC safe harbor shipments. Net income dropped to $2.9 million from $73.7 million, with earnings per share falling to $0.02. Adjusted EBITDA decreased by 69% to $34.5 million. Although demand for products is at an all-time high, increased logistics and raw material costs from steel and freight are expected to impact margins. The company is taking measures to mitigate these costs.
Array Technologies (NASDAQ: ARRY) has partnered with Nucor Corporation to secure steel supplies for solar energy projects. This agreement involves Nucor producing key components for Array's solar tracking systems and collaborating on future innovations. Nucor, a leading recycler of steel in the U.S., processes around 20 million tons of scrap annually. This partnership aligns with Array's mission to reduce installation time and costs using sustainably sourced materials. Both companies emphasize their commitment to a clean energy future.
Array Technologies (NASDAQ: ARRY) announced the appointment of Jayanthi “Jay” Iyengar to its Board of Directors, effective May 10, 2021, replacing Peter Jonna. Jay brings over 30 years of technology experience from industries including automotive and aerospace, having previously served as Chief Technology Officer at CNH Industrial. The leadership change is seen as a strategic move to enhance product innovation as Array continues to pursue its growth strategy in the solar energy sector. The Board expressed gratitude for Jonna's contributions over the past five years.
Array Technologies (NASDAQ: ARRY) has secured a significant contract with Primoris Services Corporation for up to 4GW of solar trackers, including a firm order for 2.5GW of DuraTrack® HZ v3 trackers. This agreement expands on previous purchases and highlights Array's competitive edge in installation efficiency. Shipments are expected to begin in June 2021, contributing to solar energy advancements in North America. Array's commitment to innovation is positioned to reduce labor costs and enhance project delivery for EPC customers.
Array Technologies, Inc. (Nasdaq: ARRY) will release its first quarter 2021 results after market close on May 11, 2021. The company will host a conference call at 5:00 p.m. ET the same day, accessible via phone or a live webcast. The call can be replayed for a limited time. Array is a leading provider of tracker solutions for utility-scale solar projects, emphasizing efficient installation and performance to lower energy costs. The company is headquartered in the U.S. and has a strong international presence.
Summary not available.
On March 23, 2021, Array Technologies announced the completion of a secondary offering of 35,475,457 shares of common stock by a stockholder affiliated with Oaktree Capital at $28.00 per share. The offering included an additional 4,420,486 shares from the underwriters' option. Importantly, the Company did not benefit from the proceeds. Goldman Sachs & Co. LLC and J.P. Morgan served as the joint book-running managers for the offering. The registration statement was approved by the SEC on March 18, 2021, with details available on their website.
On March 18, 2021, Array Technologies (NASDAQ: ARRY) announced the pricing of a secondary stock offering by a stockholder controlled by Oaktree Capital. A total of 31,054,971 shares will be sold at $28.00 each, with an option for underwriters to buy an additional 4,420,486 shares within 30 days. The offering will close on March 23, 2021, subject to customary conditions. Array Technologies will not receive any proceeds from this sale, and major firms like Goldman Sachs and J.P. Morgan are managing the offering.
Array Technologies (NASDAQ: ARRY) announced that a stockholder controlled by Oaktree Capital will initiate an underwritten public offering of 31,054,971 shares of its common stock, with an option for underwriters to purchase an additional 4,420,486 shares. The company will not receive any proceeds from this offering. As of January 31, 2021, Array reported $774.9 million in executed contracts and awarded orders for tracker systems, expecting to recognize $693.2 million in revenue over the next twelve months. This press release also includes forward-looking statements regarding the company's projections.