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Array Technologies Swings to Q1 Loss as Lower Prices Bite

The company's revenue also fell by 59% in the first quarter

May 10, 2024

/ Arshreet Singh
/ Finance and M&A, Solar,
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Array Technologies, a utility-scale solar tracker supplier, reported a net loss of $11.3 million in Q1 2024 from a net income of $17.2 million in the same quarter last year due to lower sales and declining average selling prices.

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Arshreet Singh

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