Array Technologies, Inc. Announces Updated Release Date of Results from…

Array Technologies, Inc. Announces Updated Release Date of Results from…

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ALBUQUERQUE, NM, March 15, 2023 (GLOBE NEWSWIRE) — Today Array Technologies ARRY (“Array” or “the Company”), a leading provider of tracking solutions, software and services for utility-scale solar energy projects, filed with the SEC an amendment to its previously filed notice of late filing on Form 12b-25, as it was determined it would not be able to file its annual report on Form 10-K for the year ended December 31, 2022 (the “Annual Report”) within the 15-day grace period ending March 16, 2023 because of additional time is needed to complete the annual report.

Due to the extension of the annual report filing deadline, the Company will now host its upcoming fourth quarter and full year conference call on March 21, 2023 after market close. The Company does not expect any material changes to its previously announced unaudited preliminary 2022 numbers, nor does the Company expect the timing of the filing of the annual report to impact the previously announced 2023 guidance ranges. In addition, the Company does not anticipate that the additional five days will affect any of the financial reporting agreements under the October 14, 2020 Credit Agreement governing the Company’s term loan facility and revolving credit facility, or under the October 3, 2021 agreement governing the Company’s term loan facility and revolving credit facility governing the Company’s 1.00% convertible debentures due 2028.

Information about the conference call

Array management will host a conference call on March 21, 2023 at 5:00 p.m. Eastern Time to discuss fourth quarter and full year 2022 financial results. The conference call can be accessed live by calling (877)-451-6152 (Domestic) or 1-201-389-0879 (International). A phone replay is available approximately three hours after the call is placed by calling (844)-512-2921 or (412)-317-6671 for international callers. The passcode for the live call and replay is 13735768. The replay will be available until April 4, 2023 11:59pm ET.

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