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home / news releases / FTCI - FTC Solar reaffirms 2022 outlook


FTCI - FTC Solar reaffirms 2022 outlook

FTC Solar (NASDAQ:FTCI) has reaffirmed its 2022 financial outlook, expecting revenue in the range of $415M - $460M (consensus: $434.39M). The company believes this outlook would result in revenue growth that is faster than the overall market, while transitioning into profitability during the year. It expects Non-GAAP Gross Margin between 11%-14%, Non-GAAP operating expenses$49 - $54M and Non-GAAP adjusted EBITDA $(4) - $11M. FTC Solar will report its Q4 and full year 2021 financial results before market open on Mar. 15, 2022.

For further details see:

FTC Solar reaffirms 2022 outlook
Stock Information

Company Name: FTC Solar Inc.
Stock Symbol: FTCI
Market: NASDAQ
Website: ftcsolar.com

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