ARRY Q1 2021 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

Q1 2021 Earnings

Income Statement

Revenue

$248M-43.3% YoY

Gross Profit

$46M18.6% margin

Operating Income

$15M6.2% margin

Net Income

$5M1.8% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+37.5%

Cash Flow

Operating Cash Flow

-$42M

Free Cash Flow

-$43M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$583M

Total Liabilities

$653M

Stockholders' Equity

-$70M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$248M	$438M	-43.3%
Gross Profit	$46M	$118M	-61.0%
Operating Income	$15M	$101M	-84.8%
Net Income	$5M	$74M	-93.8%