Ups and Downs: Array Technologies Q2 Beats; Doximity Outlook Disappoints
- August 09th, 2023
- 365 views
Array Technologies, Inc. (Nasdaq: ARRY) unveiled its second-quarter 2023 financial report, revealing earnings of $0.47 per share, surpassing the consensus EPS estimate of $0.18. The company's quarterly sales reached $507.70 million, exceeding the analysts' projected revenue of $448.84 million for the period.
Additionally, Array Technologies anticipates its full-year 2023 adjusted EPS to range from $1.00 to $1.07, outperforming the consensus estimate of $0.87.
$ARRY was trading at $20.85 in after-hours, marking a notable increase of $2.97 (+16.61%).
In unrelated news, Doximity, Inc. (NYSE: DOCS) disclosed its first-quarter fiscal 2024 financial results, reporting earnings of $0.19 per share, which outperformed the consensus EPS estimate of $0.15. The company's quarterly sales stood at $108.47 million, slightly exceeding the analysts' expected revenue of $106.98 million for the period.
In contrast, for its upcoming Q2, Doximity foresees revenue to fall within the range of $108.5 million to $109.5 million, diverging from the consensus estimate of $121.35 million.
In after-hours trading, $DOCS was trading at $24.52, down $8.27 (-25.22%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
Key Earnings Ahead for Netflix, Fastenal, and U.S. Bancorp
January 18th, 2026Louisville Thunder Appoints Veteran Coach Mike Reed to Lead Program
January 15th, 2026FDA Approves First Treatment for Children With Menkes Disease
January 13th, 2026January 13th, 2026Wall Street Eyes Bank of America, Wells Fargo, Citi Ahead of Earnings
January 11th, 2026




Member Login