Array Technologies, Inc. (ARRY) Discusses Balance of System Strategy, APA Overview, Innovation Roadmap and Growth Opportunities Transcript
ALBUQUERQUE, N.M., Aug. 20, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, will host its previously announced APA Investor Technology Showcase today, Thursday, August 20, 2026, beginning at 9:00 a.m.
Array Technologies remains fundamentally strong, with a record $2.5B orderbook and resilient margins despite revenue softness and integration challenges. ARRY's acquisition of Affordable Wire Management is expected to be accretive in 2026, boosting EBITDA margins and expanding its presence in a high-margin, duopolistic market. Management's guidance signals near-term revenue delays but sets up for a bullish 2027, with synergies and STI Norland recovery driving margin and revenue growth.
TDS reported second-quarter progress in its fiber expansion and tower infrastructure operations, while updating 2026 guidance for both TDS Telecom and Array Digital Infrastructure NYSE: AD. Management also said it would not provide further updates or take questions regarding TDS's pending proposal to acquire Array shares it does not already own.
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Array Digital Infrastructure (AD) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.36 per share a year ago.
Array updates 2026 guidance CHICAGO, Aug. 7, 2026 /PRNewswire/ -- As previously announced, Array will hold a teleconference on August 7, 2026, at 9:00 a.m. CT. Listen to the call live via the Events & Presentations page of investors.arrayinc.com.
Array Technologies, Inc. (ARRY) Q2 2026 Earnings Call Transcript
Array Technologies, Inc. (ARRY) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.25 per share a year ago.
2026 Second Quarter Business Highlights Record total executed contracts and awarded orders at June 30, 2026 of $2.5 billion, a 37% increase year-over-year Over $500 million of new orders in the quarter and a trailing twelve-month book-to-bill of 1.5x Surpassed 100 gigawatts of tracker products delivered worldwide, a significant milestone representing ARRAY's successful leadership in the utility-scale solar industry Formally launched DuraTrack D2S™ for international markets Announced next-generation OmniTrack®, which accommodates an industry-leading 2° of slope change between adjacent posts 2026 Second Quarter Financial Highlights (in millions, except per share) 2Q 2026 Revenue $ 342.1 Gross margin 29.1 % Adjusted gross margin(1) 30.8 % Net income to common stockholders $ 8.4 Adjusted EBITDA(1) $ 63.3 Net income per basic and diluted common share $ 0.05 Adjusted net income per diluted common share(1) $ 0.24 ALBUQUERQUE, N.M., Aug. 05, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced financial results for its second quarter ended June 30, 2026.