Recap: Array Technologies Q1 Earnings

Array Technologies ARRY reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Array Technologies beat estimated earnings by 66.67%, reporting an EPS of $-0.02 versus an estimate of $-0.06.

Revenue was up $54.65 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 4.35% increase in the share price the next day.

Here's a look at Array Technologies's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.03	-0.05	0.03	0.20
EPS Actual	-0.06	-0.07	0.07	0.19
Revenue Estimate	213.82M	203.45M	233.24M	240.83M
Revenue Actual	219.88M	192.07M	202.80M	245.93M

To track all earnings releases for Array Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.