FTC Solar

FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. The company was founded by David Springer and Ahmad R. Chatila in 2017 and is headquartered in Austin, TX.

Earnings data Q1 2021

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Earnings data Q4 2024

FTC Solar reports robust Q4 performance, eyes international expansion

FTC Solar's Q4 2022 earnings call showcased strong performance, operational improvements, and positive market trends. Challenges include managing steel price increases and fierce competition in non-UFLPA projects. Opportunities lie in revenue growth, margin improvement, and international expansion.

FTC Solar reports positive Q1 results, eyes revenue growth

FTC Solar's Q1 2023 earnings call showcased positive performance with revenue exceeding targets, improved gross margins, and a strong cash position. The company's focus on new products, cost-effective solutions, and customer diversification positions it well for future growth and profitability.

FTC Solar reports Q2 revenue miss, eyes growth in 2024

FTC Solar faced revenue challenges in Q2 but remains optimistic about future growth opportunities.
The company's strong backlog, recent project wins, and cost control measures support a positive outlook for 2024.
Management's disappointment with Q2 results underscores the need for improved execution and revenue realization strategies.
Analyst questions during the call highlighted key focus areas for the company's future performance and strategic direction.

FTC Solar reports Q3 results, addresses challenges, eyes international growth

FTC Solar reported Q3 performance with improved gross profit and cost management. The company faces challenges in project delays and investor skepticism but sees opportunities in international expansion and revenue growth strategies.
The leadership transition and strategic focus on 1P offerings demonstrate strengths in continuity and proactive market expansion. FTC Solar's positive outlook for 2024 signals resilience and growth potential in the renewable energy sector.

FTC Solar reports revenue growth in Q4, eyes profitability in 2024

FTC Solar's Q4 showed revenue growth and progress towards profitability. Strong liquidity position and focus on cost reduction and process improvement. Challenges with limited purchase orders being addressed with enhanced customer engagement.

FTC Solar meets Q1 targets, eyes profitability amid growth opportunities

FTC Solar's Q1 performance showed progress towards financial targets, with a focus on future growth and profitability milestones.
Despite facing challenges related to cost management and achieving profitability, the company benefits from a strong product portfolio and solid demand visibility.
Opportunities lie in continued revenue growth, international expansion, and operational enhancements to drive profitability and market leadership for FTC Solar.

FTC Solar reports Q3 revenue dip but eyes profitability in 2025

FTC Solar showcased a strong position with a focus on the 1P Pioneer product category and potential profitability in 2025.
Despite financial challenges, the company's strategic initiatives and liquidity agreements position it for growth and stability.
Analysts highlighted opportunities for revenue growth through cross-selling, geographic expansion, and operational optimization.

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FTC Solar (FTCI) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.20 per share a year ago.

FTC Solar (FTCI) Reports Q1 Loss, Tops Revenue Estimates

First Quarter Highlights and Recent Developments  Revenue growth of 56% quarter over quarter (q/q) Gross margin of 5.0%, or 7.3% Non-GAAP, up >10 points q/q & 57 points over last 2 quarters New Pioneer 1P tracker shipping ahead of schedule, with first orders in U.S. and Australia Project backlog reaches $1.4B, with $235 million added Solar module constraints appear to be easing, which is an encouraging sign for 2H'23 into 2024 AUSTIN, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced financial results for the first quarter ended March 31, 2023. “Results for the first quarter came in at the high-end of our target ranges on all metrics,” said Sean Hunkler, FTC Solar President and Chief Executive Officer.

FTC Solar Announces First Quarter 2023 Financial Results

FTC Solar (FTCI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FTC Solar (FTCI) Expected to Beat Earnings Estimates: Should You Buy?

FTC Solar: Major Turnaround?

AUSTIN, Texas, April 27, 2023 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its first quarter financial results before market open on Wednesday, May 10, 2023.

FTC Solar to Announce First Quarter Financial Results Wednesday, May 10, 2023

Here is how FTC Solar (FTCI) and Plains All American Pipeline (PAA) have performed compared to their sector so far this year.

Is FTC Solar (FTCI) Outperforming Other Oils-Energy Stocks This Year?

FTC Solar faces strong secular demand as utility-scale solar moves to dominate US electricity production. This is yet to be translated to sustained revenue growth with revenue falling by 74.2% for its last reported fiscal 2022 fourth quarter.

FTC Solar: Utility-Scale Solar Is Booming But Sales Are Down

AUSTIN, Texas, March 10, 2023 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced that it is scheduled to present at the 35th Annual Roth Conference on March 13, 2023 at 3:30p.m. Pacific Time. A live webcast and replay of this event will be accessible from the Events section of FTC Solar's website at www.ftcsolar.com.   The company will also participate in meetings with investors that day.

FTC Solar to Present at Roth Conference March 13, 2023

FTC Solar, Inc. (NASDAQ:FTCI ) Q4 2022 Earnings Conference Call February 28, 2023 8:30 AM ET Company Participants Bill Michalek - Vice President-Investor Relations Sean Hunkler - President and Chief Executive Officer Phelps Morris - Chief Financial Officer Patrick Cook - Chief Commercial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Donovan Schafer - Northland Capital Markets Jeff Osborne - Cowen Pavel Molchanov - Raymond James & Associates Kashy Harrison - Piper Sandler Maheep Mandloi - Credit Suisse Alex Figueroa - Bank of America Operator Good day and thank you for standing by. Welcome to the FTC Solar Earnings Conference Call.

FTC Solar, Inc. (FTCI) Q4 2022 Earnings Call Transcript

Fourth Quarter Highlights and Recent Developments Fourth Quarter Highlights and Recent Developments

FTC Solar Announces Fourth Quarter 2022 Financial Results

FTC Solar (FTCI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FTC Solar (FTCI) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

AUSTIN, Texas, Feb. 15, 2023 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced it will report its fourth quarter and full year 2022 financial results before market open on Tuesday, February 28, 2023.

FTC Solar to Announce Fourth Quarter and Full Year 2022 Financial Results Tuesday, February 28, 2023

Sealy, Texas facility will bolster domestic supply chain Sealy, Texas facility will bolster domestic supply chain

FTC Solar Announces Solar Tracker Manufacturing Joint Venture

T.J. Rodgers to step down from Board after 5 years Shaker Sadasivam named Chairman of the Board Tamara Mullings to join the Board

FTC Solar Announces Board Transition

AUSTIN, Texas, Jan. 09, 2023 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced that it is scheduled to present at the Needham Growth Conference on January 12 at 3:00p.m. Eastern Time. A live webcast and replay of this event will be accessible from the Events section of FTC Solar's website at www.ftcsolar.com.   The company will also participate in virtual meetings with investors that day.

FTC Solar to Present at Needham Growth Conference January 12, 2023

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Insiders are buying these penny stocks in December. The post Penny Stocks To Buy: 3 Insider Picks For December 2022 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Penny Stocks To Buy: 3 Insider Picks For December 2022

FTC Solar, Inc. (NASDAQ:FTCI ) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Bill Michalek – Vice President-Investor Relations Sean Hunkler – President and Chief Executive Officer Phelps Morris – Chief Financial Officer Patrick Cook – Chief Commercial Officer Conference Call Participants Philip Shen – ROTH Capital Partners Donovan Schafer – Northland Capital Markets Jeff Osborne – Cowen Kashy Harrison – Piper Sandler Maheep Mandloi – Credit Suisse Julien Dumoulin-Smith – Bank of America Operator Hello, thank you standing by, and welcome to the FTC Solar Third Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.

FTC Solar, Inc. (FTCI) Q3 2022 Earnings Call Transcript

FTC Solar (FTCI) delivered earnings and revenue surprises of 10.53% and 4.07%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

FTC Solar (FTCI) Reports Q3 Loss, Misses Revenue Estimates

Third Quarter Highlights and Recent Developments

FTC Solar Announces Third Quarter 2022 Financial Results

AUSTIN, Texas , Nov. 8, 2022 /PRNewswire/ -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, developed a novel clamping solution that enables rapid installation of First Solar Series 6 and Series 6 Plus modules. FTC's Novel Clamping Solution for First Solar Modules Enables Rapid Installation To support First Solar's unique thin-film module technology, FTC developed a new product variant of its novel Voyager mounting solution.

FTC's Novel Clamping Solution for First Solar Modules Enables Rapid Installation

Earnings Preview: FTC Solar (FTCI) Q3 Earnings Expected to Decline

AUSTIN, Texas, Oct. 26, 2022 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced it will report its third quarter 2022 financial results before market open on Wednesday, November 9, 2022.

FTC Solar to Announce Third Quarter 2022 Financial Results Wednesday, November 9, 2022

FTC Solar has imploded since its public offering about one and a half years ago. Revenues have fallen substantially, triggering large losses in the meantime.

FTC Solar: No Sunshine Here

Project expected to be largest DC-coupled solar and battery project in Australia Project expected to be largest DC-coupled solar and battery project in Australia

FTC Solar to Supply 128MW Hybrid Solar Project in Australia

Celularity

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Smith & Wesson Brands

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September is living up to its reputation for being one of the worst months to own stocks.

News for FTC Solar Stock (FTCI)