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Investment Rundown
The solar industry has seen nothing but high demand over the last several years as the shift towards renewables is increasing. This growing demand is visible in the last earnings report for Array Technologies, Inc. (
Array Technologies: Positive Cash Flow Ignites Momentum
Summary
- Array Technologies, Inc has experienced strong demand in the solar industry, with a positive cash flow of $41.9 million for the quarter and an FCF margin of 11.12%.
- ARRY's DuraTrack solar panel and SmarTrack software maximize energy production by ensuring optimal exposure and panel positioning.
- Despite a slowdown in orders and awaiting IRA guidelines, ARRY's strong growth, margins, and industry position make it a solid investment opportunity in the solar market.
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