ARRY Q3 2020 Earnings — Array Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARRYArray Technologies, Inc.

$1B

Q3 2020 Earnings

Income Statement

Revenue

$139M-29.5% YoY

Gross Profit

$27M19.2% margin

Operating Income

-$5M-3.7% margin

Net Income

-$7M-5.2% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+21.4%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$21M

Stock-Based Comp.

$853,000

Balance Sheet

Total Assets

$552M

Total Liabilities

$175M

Stockholders' Equity

$377M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$139M	$198M	-29.5%
Gross Profit	$27M	$47M	-43.0%
Operating Income	-$5M	$28M	-118.0%
Net Income	-$7M	$18M	-139.8%