Stock Track | Array Technologies Plunges 11.76% After Hours on Disappointing Q4 Results and Weak 2025 Outlook

Stock Track

Feb 28, 2025

Array Technologies Inc. (ARRY) witnessed a sharp decline in its stock price during the after-hours trading session on Thursday. The solar tracking solutions provider's shares plummeted 11.76% following the release of its fourth-quarter 2024 earnings and full-year 2025 guidance, which fell short of market expectations.

For the fourth quarter of 2024, Array Technologies reported revenue of $275.2 million, beating analysts' estimates of $268.5 million. However, the company posted a net loss of $74 million and an adjusted EBITDA of $45.2 million, missing the consensus estimate of $47.6 million.

Furthermore, Array Technologies provided a disappointing outlook for the full year 2025, guiding for revenue in the range of $260-$270 million and adjusted EBITDA of $180-$200 million. These projections were below Wall Street's expectations, indicating potential challenges ahead for the company's growth and profitability.

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(ARRY) witnessed a sharp decline in its stock price during the after-hours trading session on Thursday. The solar tracking solutions provider's shares plummeted 11.76% following the release of its fourth-quarter 2024 earnings and full-year 2025 guidance, which fell short of market expectations.</p>\n\n<p>For the fourth quarter of 2024, Array Technologies reported revenue of $275.2 million, beating analysts' estimates of $268.5 million. However, the company posted a net loss of $74 million and an adjusted EBITDA of $45.2 million, missing the consensus estimate of $47.6 million.</p>\n\n<p>Furthermore, Array Technologies provided a disappointing outlook for the full year 2025, guiding for revenue in the range of $260-$270 million and adjusted EBITDA of $180-$200 million. 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(ARRY) witnessed a sharp decline in its stock price during the after-hours trading session on Thursday. The solar tracking solutions provider's shares plummeted 11.76% following the release of its fourth-quarter 2024 earnings and full-year 2025 guidance, which fell short of market expectations.</p>\n\n<p>For the fourth quarter of 2024, Array Technologies reported revenue of $275.2 million, beating analysts' estimates of $268.5 million. However, the company posted a net loss of $74 million and an adjusted EBITDA of $45.2 million, missing the consensus estimate of $47.6 million.</p>\n\n<p>Furthermore, Array Technologies provided a disappointing outlook for the full year 2025, guiding for revenue in the range of $260-$270 million and adjusted EBITDA of $180-$200 million. These projections were below Wall Street's expectations, indicating potential challenges ahead for the company's growth and profitability.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARRY","symbol_name":"Array Technologies Inc.","start_time":0,"source_url":"","article_id":"1186333690","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186333690","pubTimestamp":1740692093,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Array Technologies Inc.  witnessed a sharp decline in its stock price during the after-hours trading session on Thursday. The solar tracking solutions provider's shares plummeted 11.76% following the release of its fourth-quarter 2024 earnings and full-year 2025 guidance, which fell short of market expectations.For the fourth quarter of 2024, Array Technologies reported revenue of $275.2 million, beating analysts' estimates of $268.5 million. However, the company posted a net loss of $74 million","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARRY":"Array Technologies Inc."},"translate_title":"由于第四季度业绩令人失望和2025年前景疲软，Array Technologies盘后暴跌11.76%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARRY":1},"content_text":"Array Technologies Inc. (ARRY) witnessed a sharp decline in its stock price during the after-hours trading session on Thursday. 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