Ftc solar announces fourth quarter 2024 financial results

Fourth quarter revenue of $13.2 million, at the high end of our prior target entered into 5-gigawatt supply arrangement with recurrent energy awarded 330+ megawatt project in australia from gpg naturgy awarded 280-megawatt project in u.s. from rosendin appointed industry veteran kent james as u.s. chief commercial officer received additional $3.2 million earn-out on prior investment post quarter end announced upsizing of promissory note offering for up to additional $10-$15 mil. to close in q2 austin, texas, march 31, 2025 (globe newswire) --  ftc solar, inc. (nasdaq: ftci), a leading provider of solar tracker systems, today announced financial results for the fourth quarter that ended december 31, 2024.
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