NASDAQ$ARRY
Array Technologies Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported financial results for the first quarter of 2021.
Array Technologies reported a decrease in revenue to $245.9 million and a net income of $2.9 million for Q1 2021. The results were impacted by lower shipment volumes and increased steel and shipping costs.
- Revenue for the first quarter of 2021 was $245.9 million.
- Net income for the first quarter of 2021 was $2.9 million.
- Basic and diluted earnings per share were $0.02.
- Total executed contracts and awarded orders at March 31, 2021 was $777.1 million.
Headline financials
Revenue & EPS history
Array Technologies · Revenue · Quarterly
$246M
Forward guidance
The company withdrew its full year 2021 guidance due to the continuing increases in steel and freight costs and is currently reviewing open contracts to assess costs passed onto customers.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.3%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+3.3%
Avg return
30 days after
63%
15 / 24 earnings
Positive
+29.5%
Q3 2021
Best reaction
-45.9%
Q1 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | +6.5% | -1.2% | |
| Q4 2025 | -33.9% | -31.8% | -33.4% | |
| Q3 2025 | +2.0% | +0.5% | -5.4% | |
| Q1 2025 | +3.9% | +20.7% | +50.1% | |
| Q3 2024 | +1.7% | +10.9% | -5.4% | |
| Q2 2024 | -18.0% | -19.1% | -26.3% | |
| Q1 2024 | +2.0% | +0.9% | +7.4% | |
| Q4 2023 | +5.2% | +5.5% | +11.3% | |
| Q3 2023 | -16.6% | -22.2% | -11.8% | |
| Q2 2023 | +25.0% | +32.9% | +33.9% | |
| Q1 2023 | -0.1% | +17.7% | +22.2% | |
| Q4 2022 | +13.9% | +7.2% | +21.7% | |
| Q3 2022 | +20.9% | +29.0% | +32.0% | |
| Q2 2022 | +26.2% | +24.7% | +14.1% | |
| Q1 2022 | -12.2% | -3.1% | +84.4% | |
| Q4 2021 | -7.5% | -22.1% | -23.2% | |
| Q3 2021 | +29.5% | +30.0% | -15.8% | |
| Q2 2021 | +14.0% | +13.0% | +16.1% | |
| Q1 2020 | -45.9% | -42.8% | -34.4% | |
| Q1 2021 | -45.9% | -42.8% | -34.4% | |
| Q2 2020 | +0.1% | +0.9% | -14.9% | |
| Q4 2020 | +0.7% | +3.8% | -9.2% | |
| Q4 2019 | +4.1% | +17.2% | +5.3% | |
| Q3 2020 | +24.7% | +10.5% | -5.1% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — |
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