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Array Tech Reports $19.34 Million Q4 Profit on Higher Operational Income

The company reported revenue of $341.62 million in Q4, down 15% YoY

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Array Technologies, a utility-scale solar tracker company, reported a net profit of $19.34 million for the fourth quarter (Q4) of 2023, an improvement of 268% year-over-year (YoY) from a net loss of $5.25 million.

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