Solar tracker maker Array records Q1 loss on revenue drop
- Admin
- May 10, 2024
- 1 min read
US-based solar tracker manufacturer Array Technologies reported a net loss in the first quarter of 2024 due to a drop in revenue. The company's CEO, Kevin Hostetler, highlighted continued global demand for their products, with an orderbook standing at approximately USD 2.1 billion. Array confirmed full-year guidance with revenue expected in the range of USD 1.25 billion to USD 1.4 billion.
Source:
Want to read more?
Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.
