Nov 11
Array Technologies says 'hangover' effect on margins to dissipate in Q1 11/11 ARRY "We are making good progress working off our legacy, lower priced backlog and we believe the 'hangover' effect on our margins from those orders will dissipate by the first quarter of 2022. We believe our full year 2021 results will be within the range of the guidance we have provided, but likely at the lower end given continued constraints on freight availability which could impact our ability to ship product in the fourth quarter. Any shipments that are delayed from the fourth quarter will result in higher revenues in the first quarter of 2022" said Nipul Patel, CFO of Array Technologies.
This little snippet from one of our non performers... I think sums up alot of companies current situations---
Sell The 4th QTr ?
Buy The 1st?
REMEMBER: IT'S THE PACKAGING NOT THE CREAM CHEESE (tm gummybear advisors)