|Bid||24.22 x 800|
|Ask||25.01 x 800|
|Day's range||24.23 - 26.36|
|52-week range||12.72 - 54.78|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||11 May 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||24.55|
With everything going on in the stock market and cryptocurrency market, it's hard for one story to dominate headlines for a day, much less a week. After debuting at a price of $78 per share, Rivian stock has already doubled. Similarly, share prices of Lucid Group (NASDAQ: LCID), a luxury EV company, have more than doubled in the last month.
Reporting third-quarter earnings yesterday after the market closed, Array Technologies (NASDAQ: ARRY) came up short of analysts' expectations for revenue and earnings per share (EPS) of $203.5 million and negative $0.05, respectively. Instead, Array reported sales of $192.1 million and a loss per share of $0.07. Investors don't seem to care too much, evidently; as of 11:16 a.m. EST today, shares are up 13.5%.
Greetings, ladies and gentlemen, and welcome to Array Technologies Third Quarter 2021 Earnings Conference Call. It is now my pleasure to introduce your host, Cody Mueller. Good evening, and thank you for joining us on today's conference call to discuss Array Technologies' third quarter 2021 results.