Array Technologies Reports Q3 Earnings Miss and Lowers Full Year 2026 Revenue Guidance
Array Technologies (ARRY) reported third-quarter financial results that significantly missed analyst expectations. The company posted a Non-GAAP earnings per share of $0.06, falling short of estimates by $0.30, while revenue reached $330.2 million, missing consensus by approximately $215 million. In addition to the quarterly miss, the solar tracker manufacturer has revised its full-year 2026 revenue guidance downward. The new projected range is between $1.34 billion and $1.40 billion, compared to the previous guidance of $1.4 billion to $1.5 billion. This reflects a year-over-year revenue decline of 16.1%.
Tickers: $ARRY