ARRY

Array Technologies, Inc.

Halal Rating :
Comfortable
Last Price $5.77 Last updated:
Market Cap $1.02b
7D Change 5.48%
1 Year Change -66.78%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Manufacturing
  • Misc.
  • Misc. Manufacturing Industries
Exchange NASDAQ
Next Earnings Date Nov. 5, 2024

Array Technologies, Inc. designs, manufactures, and sells solar tracking systems and related products for utility-scale solar energy projects. The company's products enable solar panels to follow the sun's movement across the sky, maximizing energy production. Their primary product line includes DuraTrack and STI H250, which are ground-mounting systems that move solar panels throughout the day to maintain optimal orientation to the sun.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $231.41m $372.35m - $8.26m 0.00% 2.22%
June 30, 2024 $255.77m $224.78m - $8.61m 0.00% 3.83%
March 31, 2024 $153.4m $153.93m - $8.94m 0.00% 5.81%

Company Impact

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