What's Driving Array Technologies' 9% Pre-Market Jump?

fidelity
2025.11.06 09:56
portai
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Array Technologies, Inc. (ARRY) shares rose 9.13% in pre-market trading to $9.08, following a strong earnings report. The company reported Q3 revenue of $393.5 million, a 70% increase year-over-year, with adjusted EBITDA of $72.2 million. The acquisition of APA Solar contributed $16.9 million to revenue. Array raised its 2025 revenue guidance to $1.25-$1.28 billion and reported a backlog of $1.9 billion in contracts. Year-to-date, ARRY stock is up 37.8%, with a market cap of $1.27 billion.

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