ARRAY Technologies: The Solar Powerhouse Set to Shine at ROTH Conference

Ladies and gentlemen, buckle up! We're diving headfirst into the world of renewable energy, and there's one company that's about to steal the show at the 37th Annual ROTH Conference: ARRAY Technologies, Inc.! This isn't just any solar tracking company; it's the Taylor Swift of the utility-scale solar industry, and you need to know why!



Why ARRAY Technologies is a Must-Watch at ROTH Conference

1. Market Leadership and Innovation: ARRAY Technologies is a global leader in utility-scale solar tracking technology. Their products are engineered to withstand the harshest conditions on the planet, and they're on track to deliver 100% domestic content solar trackers by the first half of 2025. This is a game-changer, folks! With the OmniTrack™ product accounting for over 20% of their orderbook, ARRAY is at the forefront of innovation in the solar tracking industry.

2. Financial Performance: ARRAY Technologies reported strong financial results for the fourth quarter and full year 2024. Revenue of $275.2 million and a gross margin of 28.5% for the fourth quarter, and $915.8 million with a gross margin of 32.5% for the full year. These numbers are impressive, and they're a testament to ARRAY's operational efficiency and profitability. The company's adjusted EBITDA for the full year 2024 was $173.6 million, and it generated free cash flow of $135.4 million. This is a company that knows how to make money!

3. Market Outlook and Guidance: For 2025, ARRAY Technologies expects over 20% year-over-year revenue growth. The company's guidance for the first quarter of 2025 includes revenue in the range of $260 million to $270 million and an adjusted EBITDA margin of 11% to 13%. For the full year 2025, revenue is expected to be in the range of $1.05 billion to $1.15 billion, with adjusted EBITDA of $180 million to $200 million. This is a company that's poised for growth, and you don't want to miss out on this opportunity!

4. Strategic Initiatives and Investments: ARRAY Technologies is investing in Swap Robotics, a disruptive technology driving automation in PV installations. This investment is aimed at enhancing project efficiencies and cost savings for customers, positioning ARRAY as a leader in technological advancement within the industry. This is a company that's not afraid to take risks and innovate, and that's what makes it a standout in the renewable energy sector.

What to Expect at the ROTH Conference

ARRAY Technologies' participation in the 37th Annual ROTH Conference is a big deal. President and Chief Operating Officer, Neil Manning, and Chief Financial Officer, H. Keith Jennings, will be available for one-on-one meetings on Monday, March 17, 2025. This is your chance to hear directly from the company's leadership about their strategic initiatives, market outlook, and financial performance. Don't miss out on this opportunity to engage with one of the leading players in the renewable energy sector!

Why You Need to Pay Attention to ARRAY Technologies

ARRAY Technologies is a company that's on the move. With its focus on domestic manufacturing, technological innovation, and customer-centric approach, it's setting itself apart from competitors in the renewable energy sector. The company's strong financial performance, robust order book, and optimistic growth prospects make it a standout in the industry. And with its participation in the 37th Annual ROTH Conference, ARRAY Technologies is poised to shine even brighter.

So, mark your calendars, folks! The 37th Annual ROTH Conference is just around the corner, and ARRAY Technologies is a company you won't want to miss. This is a no-brainer, and you need to be part of the action. Don't miss out on this opportunity to engage with one of the leading players in the renewable energy sector. ARRAY Technologies is the solar powerhouse set to shine at the ROTH Conference, and you need to be there to see it for yourself!