FTC Solar Reports Q3 Loss, Projects Revenue Growth
Update: 2025-11-12
Description
FTC Solar Incorporated, a solar tracking systems maker, reported a significant loss of $23.9 million in Q3, translating to a loss of $1.61 per share. Adjusted for non-recurring costs and stock option expenses, the loss came in at $0.36 per share. The company generated $26 million in revenue during the quarter. Looking ahead, FTC Solar anticipates revenue to fall between $30 million and $50 million in the current quarter.
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