FTCI News and Press, FTC Solar Inc. From 02/10/23

Summary Nextracker Inc. is a solar tracking business being spun out from Flex. The company has seen a successful public debut, after the IPO market was closed for a long time. The Nextracker Inc. business looks interesting, but valuations look a bit rich in order to get involved. ...

AUSTIN, Texas, Feb. 09, 2023 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, and Taihua New Energy (Thailand) Co., LTD (“Taihua New Energy”), a leading steel fabricator, today announced a joi...

T.J. Rodgers to step down from Board after 5 years Shaker Sadasivam named Chairman of the Board Tamara Mullings to join the Board AUSTIN, Texas, Jan. 23, 2023 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and en...

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 ...

Summary Revenues for FTC Solar have not seen a steady increase, despite a much higher demand for solar modules compared to years before. One of many arguments for a bear case. Revenues decreased 69% YoY despite a larger-than-ever demand for renewable energy sources. With the blame b...

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FTC Solar, Inc. (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 Of...

The following slide deck was published by FTC Solar, Inc. in conjunction with their 2022 Q3 earnings call. For further details see: FTC Solar, Inc. 2022 Q3 - Results - Earnings Call Presentation

FTC Solar press release ( NASDAQ: FTCI ): Q3 GAAP EPS of -$0.25 misses by $0.06 . Revenue of $16.57M (-68.7% Y/Y) misses by $0.65M . Contracted and awarded orders as of November 9 were $961 million with expected delivery dates in 2022 and beyond. This incl...

Third Quarter Highlights and Recent Developments Total project pipeline 1 reaches new record high of 90GW Added $203 million to our backlog since August 9 Launched new solution for U.S. thin-film modules Launched differentiated new 1P tracker solution, Pioneer, alo...