Higher shipments and ASP pushes Array Technologies revenue up in opening quarter
Solar tracker supplier Array Technologies has increased its revenue in the opening quarter of 2023 due to higher volume sales and average selling price (ASP).
Stay updated with breaking news from Array Technologies. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Solar tracker supplier Array Technologies has increased its revenue in the opening quarter of 2023 due to higher volume sales and average selling price (ASP).
FY 2023 Revenues of $1.9 billion, up 30% year-over-year ... | May 10, 2023
Earnings and interest rates are on the minds of solar industry investors.
Single-axis solar trackers are the structure of choice for utility-scale solar development since these systems generate more energy by keeping PV modules
The Array Technologies chart, on a weekly view, shows the stock etching the right side of the pattern, which has corrected 34% so far.