Array Technologies, Inc. (NASDAQ:ARRY) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET
Company Participants
Cody Mueller - Investor Relations
Kevin Hostetler - Chief Executive Officer
Nipul Patel - Chief Financial Officer
Conference Call Participants
Brian Lee - Goldman Sachs
Mark Strouse - JPMorgan
Julien Dumoulin-Smith - Bank of America
Christine Cho - Barclays
Philip Shen - ROTH Capital
Kashy Harrison - Piper Sandler
Maheep Mandloi - Credit Suisse
Colin Rusch - Oppenheimer
Joseph Osha - Guggenheim
Donovan Schafer - Northland Capital
Tristan Richardson - Scotiabank
Mo Chen - Truist Securities
Alex Kania - Wolfe Research
Derek Soderberg - Cantor Fitzgerald
Operator
Greetings, and welcome to Array Technologies First Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce you host, Cody Mueller, Investor Relations at Array. Please go ahead.
Cody Mueller
Good evening, and thank you for joining us on today's conference call to discuss Array Technologies' first quarter 2023 results.
Slides for today's presentation are available on the Investor Relations section of our website, arraytecinc.com.
During this conference call, management will make forward-looking statements based on current expectations and assumptions, which are subject to risks and uncertainties. Actual results could differ materially from our forward-looking statements if any of our key assumptions are incorrect. We identify the principal risks and uncertainties that may affect our performance in our reports and filings with the Securities and Exchange Commission, which can also be found on our Investor Relations website. We do not undertake any duty to update any forward-looking statements.
Today's presentation also includes references to non-GAAP financial measures. You should refer to the information contained in the company's first quarter press release for definitional information and reconciliations of historical non-GAAP measures to the comparable GAAP financial measures.
With that, let me turn the call over to Kevin Hostetler, Array Technologies' Chief Executive Officer.
Kevin Hostetler
Thanks, Cody, and welcome everyone. In addition to Cody, I'm also joined by Nipul Patel, our Chief Financial Officer.
Let's begin with Slide 3, where I will provide some highlights of our first quarter results. The first quarter was an incredibly strong one for Array. Revenue, profitability, and free cash flow were all better than expected as the maturity in our operating system allowed us to take advantage of the opportunities that arose in the quarter.