Array Technologies’ Profit Drops to $23 Million in Q3 as Solar Tracker Sales Decrease

The company’s revenue witnessed a 32% YoY drop to $350.4 million

November 8, 2023

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Array Technologies, a utility-scale solar tracker company, reported a profit of $23.2 million for the third quarter (Q3) of 2023, a 42% drop from $40.6 million for the same period in 2022 due to a drop in revenue from the sale of trackers.

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Array Technologies’ Profit Drops to $23 Million in Q3 as Solar Tracker Sales Decrease

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