FTC Solar Announces Fourth Quarter 2024 Financial Results
FTC Solar, Inc. (FTCI)
Company Research
Source: GlobeNewswire
Fourth quarter revenue of $13.2 million, at the high end of our prior targetEntered into 5-gigawatt supply arrangement with Recurrent EnergyAwarded 330+ megawatt project in Australia from GPG NaturgyAwarded 280-megawatt project in U.S. from RosendinAppointed industry veteran Kent James as U.S. Chief Commercial OfficerReceived additional $3.2 million earn-out on prior investment post quarter endAnnounced upsizing of promissory note offering for up to additional $10-$15 mil. to close in Q2 AUSTIN, Texas, March 31, 2025 (GLOBE NEWSWIRE) -- ?FTC Solar,?Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the?fourth quarter that ended?December 31, 2024. “In addition to reporting favorable quarterly results relative to our targets, I’m pleased to say that we have had a number of recent wins and building momentum,” said Yann Brandt, President and Chief Executive Officer of FTC Solar. “Last quar
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FTCI
News
- Why Analysts Say FTC Solar Story Is Improving Even As Execution Risks Linger [Yahoo! Finance]Yahoo! Finance
- FTC Solar Appoints Anthony Carroll to Board of DirectorsGlobeNewswire
- FTC Solar (NASDAQ:FTCI) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Why The Narrative Around FTC Solar Is Shifting After Margin Recovery And Upgraded Outlook [Yahoo! Finance]Yahoo! Finance
- FTC Solar (NASDAQ:FTCI) had its "neutral" rating reaffirmed by analysts at UBS Group AG.MarketBeat
FTCI
Earnings
- 11/12/25 - Beat
FTCI
Sec Filings
- 12/18/25 - Form 4
- 12/17/25 - Form 4
- 12/17/25 - Form 3
- FTCI's page on the SEC website