FTC Solar, Inc. (FTCI)
Market Cap | 51.11M |
Revenue (ttm) | 57.35M |
Net Income (ttm) | -47.55M |
Shares Out | 127.77M |
EPS (ttm) | -0.38 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 886,448 |
Open | 0.407 |
Previous Close | 0.400 |
Day's Range | 0.387 - 0.449 |
52-Week Range | 0.176 - 0.999 |
Beta | 1.80 |
Analysts | Buy |
Price Target | 0.85 (+112.5%) |
Earnings Date | Nov 12, 2024 |
About FTCI
FTC Solar, Inc. engages in the provision of solar tracker systems, software, and engineering services in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company offers a self-powered, two-panel in-portrait, and single-axis tracker solution under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. Its customers include project developers and solar asset owners, as well as engineering, procurement, and construction contractors that design and bu... [Read more]
Financial Performance
In 2023, FTC Solar's revenue was $127.00 million, an increase of 3.20% compared to the previous year's $123.07 million. Losses were -$50.29 million, -49.51% less than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for FTCI stock is "Buy." The 12-month stock price forecast is $0.85, which is an increase of 112.50% from the latest price.
News
FTC Solar, Inc. (FTCI) Q3 2024 Earnings Call Transcript
FTC Solar, Inc. (FTCI) Q3 2024 Earnings Call Transcript
FTC Solar Announces Third Quarter 2024 Financial Results
Third Quarter Highlights and Recent Developments Third quarter revenue of $10.1 million, in-line with prior target Industry veteran Yann Brandt joined as CEO Announced 1GW tracker supply agreement wit...
FTC Solar to Announce Third Quarter Financial Results Tuesday, November 12, 2024
AUSTIN, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its thi...
FTC Solar to Supply Approximately 1GW of Projects for Sandhills Energy
AUSTIN, Texas, Oct. 23, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, and Sandhills Energy (“Sandhills”) announced today that FTC will be supply...
FTC Solar Announces Multi-Year Tracker Supply Agreement with Strata Clean Energy
AUSTIN, Texas, Sept. 10, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, announced today that it has been sele...
FTC Solar to Participate at RE+ Event September 9-12
AUSTIN, Texas, Aug. 28, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, is pleased to announce its part...
FTC Solar Announces Inducement Grant of Employee Inducement Award
AUSTIN, Texas, Aug. 16, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced that, in accord...
FTC Solar Appoints Pablo Barahona to Board of Directors
AUSTIN, Texas, Aug. 16, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced the appointment...
FTC Solar Announces Resignation of Board Member
AUSTIN, Texas, Aug. 15, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, announced today that Isidoro Qu...
FTC Solar, Inc. (FTCI) Q2 2024 Earnings Call Transcript
FTC Solar, Inc. (NASDAQ:FTCI) Q2 2024 Results Conference Call August 8, 2024 8:30 AM ET Company Participants Bill Michalek - Vice President of Investor Relations Ahmad Chatila - Member of Board of Di...
FTC Solar Announces Second Quarter 2024 Financial Results
Second quarter revenue of $11.4 million Industry veteran Yann Brandt named new CEO, effective August 19 Contracted portion of backlog now stands at $505 million Company continues to identify operation...
FTC Solar to Announce Second Quarter Financial Results Thursday, August 8, 2024
AUSTIN, Texas, Aug. 01, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its sec...
FTC Solar Appoints Yann Brandt as New CEO
AUSTIN, Texas, July 23, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced that its Board of Direc...
FTC Solar Introduces Automated Hail Stow Solution to Mitigate Solar Panel Damage
AUSTIN, Texas , May 30, 2024 /PRNewswire/ -- FTC Solar, Inc. (Nasdaq: FTCI) a leading provider of innovative solar energy solutions, announces the launch of its Automated Hail Stow Solution, aimed at ...
FTC Solar Announces New Sales and Leadership Appointments
AUSTIN, Texas, May 15, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, announced new leadership appointments a...
FTC Solar, Inc. (FTCI) Q1 2024 Earnings Call Transcript
FTC Solar, Inc. (NASDAQ:FTCI) Q1 2024 Earnings Conference Call May 10, 2024 9:30 AM ET Company Participants Bill Michalek – Vice President-Investor Relations Ahmad Chatila – Director Cathy Behnen – C...
FTC Solar Announces First Quarter 2024 Financial Results
First quarter revenue of $12.6 million Company remains focused on purchase orders, operational efficiencies, quality and customer service Total backlog now stands at $1.8 billion Continue to expect to...
FTC Solar to Announce First Quarter Financial Results Friday, May 10, 2024
AUSTIN, Texas, May 06, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its firs...
FTC Solar to Present at Roth Conference March 18, 2024
AUSTIN, Texas, March 15, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced that it is scheduled t...
FTC Solar, Inc. (FTCI) Q4 2023 Earnings Call Transcript
FTC Solar, Inc. (FTCI) Q4 2023 Earnings Call Transcript
FTC Solar Announces Fourth Quarter 2023 Financial Results
Fourth quarter revenue of $23.2 million Continue to improve cost structure to lower break-even revenue level Added approximately $213 million to backlog1 since Nov. 8; acceleration in contracted proje...
FTC Solar to Announce Fourth Quarter and Full Year 2023 Financial Results Wednesday, March 13, 2024
AUSTIN, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its fou...
FTC Solar, Inc. (FTCI) Q3 2023 Earnings Call Transcript
FTC Solar, Inc. (NASDAQ:FTCI) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Bill Michalek - Vice President, Investor Relations Shaker Sadasivam - Chairman of the B...
Berman Tabacco Announces Investigation of FTC Solar, Inc. (FTCI) for Potential Securities Law Violations
BOSTON--(BUSINESS WIRE)--Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations by FTC Solar, Inc. ("FTC Solar" or the "Company") (Nasdaq: FTC...
FTC Solar Announces Third Quarter 2023 Financial Results and Leadership Transition
Third Quarter Highlights and Recent Developments Revenue of $30.5 million up 84% y/y, down 5.6% q/q Continue to improve cost structure, as evidenced by gross margin on sub-scale revenue levels Projec...