ARRY Q2 2020 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

Q2 2020 Earnings

Income Statement

Revenue

$115M+2.0% YoY

Gross Profit

$22M19.3% margin

Operating Income

$1M1.1% margin

Net Income

$2M2.1% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-73.7%

Cash Flow

Operating Cash Flow

-$47M

Free Cash Flow

-$47M

Stock-Based Comp.

$653,000

Balance Sheet

Total Assets

$558M

Total Liabilities

$174M

Stockholders' Equity

$384M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$115M	$113M	+2.0%
Gross Profit	$22M	$22M	+2.7%
Operating Income	$1M	$7M	-83.4%
Net Income	$2M	-$3M	+191.6%