Array Technologies (ARRY) began trading on the Nasdaq on Thur 15 Oct 20

 Array Technologies (ARRY) opened its first day of trading at $29.50, up 34% from its $22 pricing. 

The solar ground monitoring system provider priced the upsized offering of 47.5M shares a dollar above its prior range.

The offering included 7M shares from Array and 40.5M from a selling shareholder.

Financials: 2019 sales totaled $647.9M (+123% Y/Y) with $39.7M in net income, up from the prior year's $60.8M loss. For H1 2020, revenue was $552.6M (+145%) with $76M net income.

Publicly-traded competitor: Gibraltar Industries (NASDAQ: ROCK), owner of solar racking company RBI Solar.