FTC Solar, Inc. (FTCI) Misses Q4 EPS, Revenue

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FTC Solar Announces Fourth Quarter 2022 Financial Results

February 28, 2023 6:30 AM EST

Revenue growth of 58% q/q, significant gross margin improvementProject backlog crosses billion-dollar mark for first time at $1.2B, with $240 million addedTotal project pipeline1 reaches new record high of 110GWAnnounced U.S. manufacturing joint venture utilizing domestic steel

AUSTIN, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- FTC Solar,Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced financial results for thefourthquarter endedDecember 31, 2022.

Im pleased to report that fourth quarter results came in above the... More