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Array Technologies Inc   (ARRY)
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ARRY's Revenue Growth by Quarter and Year

Array Technologies Inc 's Revenue results by quarter and year




ARRY Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 342.36 402.07 192.07 139.46
III Quarter September 350.38 515.02 202.80 64.68
II Quarter June 507.04 419.87 245.93 82.55
I Quarter March 376.77 300.59 585.97 56.91
FY   1,576.55 1,637.55 1,226.77 343.60



ARRY Revenue fourth quarter 2023 Y/Y Growth Comment
Array Technologies Inc reported fall in Revenue in the fourth quarter 2023 by -14.85% to $ 342.36 millions, from the same quarter in 2022.
The decline in the fourth quarter 2023 Array Technologies Inc 's Revenue compares unfavorably to the Company's average Revenue jump of 89.29%.

Looking into fourth quarter 2023 results within Miscellaneous Manufacturing industry 3 other companies have achieved higher Revenue growth. While Array Technologies Inc ' s Revenue decrease of -14.85% ranks overall at the positon no. 426 in the fourth quarter 2023.




ARRY Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December -14.85 % 109.34 % 37.72 % 293.51 %
III Quarter September -31.97 % 153.95 % 213.54 % -2.55 %
II Quarter June 20.76 % 70.73 % 197.92 % 95.52 %
I Quarter March 25.34 % -48.7 % 929.64 % 91.29 %
FY   -3.73 % 33.48 % 257.03 % 97.72 %

Financial Statements
Array Technologies Inc 's fourth quarter 2023 Revenue $ 342.36 millions ARRY's Income Statement
Array Technologies Inc 's fourth quarter 2022 Revenue $ 402.07 millions Quarterly ARRY's Income Statement
New: More ARRY's historic Revenue Growth >>


ARRY Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December -2.29 % -21.93 % -5.29 % 115.62 %
III Quarter September -30.9 % 22.66 % -17.54 % -21.65 %
II Quarter June 34.58 % 39.68 % -58.03 % 45.05 %
I Quarter March -6.29 % 56.5 % 320.17 % 60.58 %
FY (Year on Year)   -3.73 % 33.48 % 257.03 % 97.72 %




Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Miscellaneous Manufacturing Industry #4
Capital Goods Sector #38
Overall #426

Revenue Y/Y Growth Statistics
High Average Low
390.11 % 89.29 % -18.24 %
(Jun 30 2021)   (Dec 31 2017)
Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Miscellaneous Manufacturing Industry #4
Capital Goods Sector #38
Overall #426
Revenue Y/Y Growth Statistics
High Average Low
390.11 % 89.29 % -18.24 %
(Jun 30 2021)   (Dec 31 2017)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Array Technologies Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
343.55 % 20.49 % -100 %
(Dec 31 2014)  


ARRY's IV. Quarter Q/Q Revenue Comment
In the IV. Quarter 2023 Array Technologies Inc realized fall in Revenue from the third quarter by -2.29% to $ 342.36 millions, from $ 350.38 millions released in the previous reporting period.

When you evaluate recent slump at the IV. Quarter, you should take into consideration, that usually IV. Quarter performance occur weaker then in the third quarter

Within Miscellaneous Manufacturing industry 12 other companies have achieved higher Revenue quarter on quarter growth. While Array Technologies Inc 's Revenue growth quarter on quarter, overall rank is 1394.


Revenue Q/Q Growth Company Ranking
Within: No.
Miscellaneous Manufacturing Industry #13
Capital Goods Sector #101
Overall #1394
Revenue Q/Q Growth Company Ranking
Within: No.
Miscellaneous Manufacturing Industry #13
Capital Goods Sector #101
Overall #1394
Revenue Q/Q Growth Statistics
High Average Low
343.55 % 20.49 % -100 %
(Dec 31 2014)  


ARRY's IV. Quarter Q/Q Revenue Comment
In the IV. Quarter 2023 Array Technologies Inc realized fall in Revenue from the third quarter by -2.29% to $ 342.36 millions, from $ 350.38 millions achived a quarter before.

But that's not huge issue, as Revenue generally gravitate to dip in the IV. Quarter.

Within Miscellaneous Manufacturing industry 12 other companies have achieved higher Revenue quarter on quarter growth. While Array Technologies Inc 's Revenue growth quarter on quarter, overall rank is 1394.


Array Technologies Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Revenue 12 Months Ending $ 1,576.55 $ 1,636.27 $ 1,800.91 $ 1,713.73 $ 1,637.55
Y / Y Revenue Growth (TTM) -3.72 % 14.62 % 61.47 % 82.04 % 33.48 %
Year on Year Revenue Growth Overall Ranking # 147 # 437 # 1591 # 1688 # 45
Seqeuential Revenue Change (TTM) -3.65 % -9.14 % 5.09 % 4.65 % 14.71 %
Seq. Revenue Growth (TTM) Overall Ranking # 426 # 616 # 1066 # 2888 # 1802




Cumulative Revenue growth Comment
For the 12 months ended Dec 31 2023 Array Technologies Inc reported a decrease in Revenue by -3.72% year on year, to $1,577 millions, compare to the 14.62% growth at Sep 30 2023.

Among companies within the Capital Goods sector 8 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 147, from total ranking in previous quarter at 437.

Revenue TTM Q/Q Growth Statistics
High Average Low
390.11 %
89.29 %
-18.24 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Miscellaneous Manufacturing Industry # 4
Capital Goods Sector # 9
Overall # 147

Revenue TTM Y/Y Growth Statistics
High Average Low
390.11 %
89.29 %
-18.24 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 38
S&P 500 # 426
Cumulative Revenue growth Comment
For the 12 months ended Dec 31 2023 Array Technologies Inc reported a decrease in Revenue by -3.72% year on year, to $1,577 millions, compare to the 14.62% growth at Sep 30 2023.

Among companies within the Capital Goods sector 8 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 147, from total ranking in previous quarter at 437.

Revenue TTM Q/Q Growth Statistics
High Average Low
390.11 %
89.29 %
-18.24 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Miscellaneous Manufacturing Industry # 4
Capital Goods Sector # 9
Overall # 147

Revenue TTM Y/Y Growth Statistics
High Average Low
390.11 %
89.29 %
-18.24 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 38
S&P 500 # 426




Other Revenue Growth
Miscellaneous Manufacturing Industry Revenue Growth Trends and Statistics
Capital Goods Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
ARRY's Revenue Growth Ratio versus Miscellaneous Manufacturing Industry, Capital Goods Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for ARRY's Competitors
Revenue Growth for Array Technologies Inc 's Suppliers
Revenue Growth for ARRY's Customers

You may also want to know
ARRY's Annual Growth Rates ARRY's Profitability Ratios ARRY's Asset Turnover Ratio ARRY's Dividend Growth
ARRY's Roe ARRY's Valuation Ratios ARRY's Financial Strength Ratios ARRY's Dividend Payout Ratio
ARRY's Roa ARRY's Inventory Turnover Ratio ARRY's Growth Rates ARRY's Dividend Comparisons



Companies with similar Revenue decrease for the quarter ending Dec 31 2023 within Capital Goods SectorY/Y Change %Revenue for the quarter ending Dec 31 2023
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Astec Industries Inc -3.57%$ -3.572 millions
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Granite Construction Incorporated-4.35%$ -4.350 millions
Atkore Inc -4.35%$ -4.351 millions
Nn Inc -4.64%$ -4.643 millions
Servotronics inc -4.65%$ -4.649 millions
Twin Vee Powercats Co -4.82%$ -4.818 millions
Standex International Corp-5.39%$ -5.392 millions
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