Ftc solar announces first quarter 2025 financial results

First quarter revenue of $20.8 million, up 58% q/q, above target cost efficiencies drive operating expenses to multi-year low seeing increased customer interest and activity including bid activity up 60% y/y upsized promissory note offering expected to close in q2 strengthened board of directors with addition of two new members austin, texas, may 01, 2025 (globe newswire) -- ftc solar, inc. (nasdaq: ftci), a leading provider of solar tracker systems, today announced financial results for the first quarter that ended march 31, 2025. “we're pleased to report first quarter results which were ahead of target mid-points on all metrics,” said yann brandt, president and chief executive officer of ftc solar.
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