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Tags
Quarterly results
Appointed director
FTC Solar, Inc.
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Alert
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Filings
Date Filed
Type
Description
08/09/2023
8-K
Quarterly results
Docs:
"
FTC Solar Announces Second Quarter 2023 Financial Results Second Quarter Highlights and Recent Developments   • Gross margin expansion of 180 basis points q/q GAAP, 90 bps Non-GAAP, despite project push-outs • Project backlog reaches $1.6 billion, with $259 million recently added • Awarded landmark 1GW solar project, part of Cat Creek's renewables agreement with Bayer • Awarded 300MW of solar projects in Spain and Italy, expanding served market • Awarded 120MW solar project in South Africa AUSTIN, Texas
"
05/10/2023
8-K
Quarterly results
Docs:
"
FTC Solar Announces First Quarter 2023 Financial Results First Quarter Highlights and Recent Developments   • Revenue growth of 56% quarter over quarter • Gross margin of 5.0%, or 7.3% Non-GAAP, up >10 points q/q & 57 points over last 2 quarters • New Pioneer 1P tracker shipping ahead of schedule, with first orders in U.S. and Australia • Project backlog reaches $1.4B, with $235 million added • Solar module constraints appear to be easing, which is an encouraging sign for 2H'23 into 2024 AUSTIN, Texas
"
02/28/2023
8-K
Quarterly results
Docs:
"
FTC Solar Announces Fourth Quarter 2022 Financial Results Fourth Quarter Highlights and Recent Developments   • Revenue growth of 58% q/q, significant gross margin improvement • Project backlog crosses billion-dollar mark for first time at $1.2B, with $240 million added • Total project pipeline1 reaches new record high of 110GW • Announced U.S. manufacturing joint venture utilizing domestic steel AUSTIN, Texas
"
11/09/2022
8-K
Quarterly results
Docs:
"
FTC Solar Announces Third Quarter 2022 Financial Results Third Quarter Highlights and Recent Developments   • Total project pipeline1 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, along with initial 500MW agreement • Awarded our largest project to date in Australia, 128MW hybrid solar project AUSTIN, Texas
"
08/09/2022
8-K
Quarterly results
Docs:
"
FTC Solar Announces Second Quarter 2022 Financial Results Second Quarter Highlights and Recent Developments   • Second quarter revenue of $30.7 million • Added new top 10 utility customer and new strategic EPC customer • Awarded first project in Thailand, continuing international expansion • Added $141 million to executed contracts and awarded orders since May 9 • Announced EPC partner for distributed generation business, AUI Partners • Closed acquisition of HX Tracker AUSTIN, Texas
"
05/10/2022
8-K
Quarterly results
Docs:
"
FTC Solar Announces First Quarter 2022 Financial Results First Quarter Highlights and Recent Developments   • First quarter revenue of $49.6 million, net of $5.0 million reserve  • International project pipeline reaches new record levels at 32+ Gigawatts • Awarded first projects in Kenya, South Africa and Malaysia • Added $112 million to executed contracts and awarded orders since March 15 • Planned acquisition of HX Tracker remains on track to close in second quarter AUSTIN, Texas
"
03/15/2022
8-K
Quarterly results
Docs:
"
FTC Solar Announces Fourth Quarter and Full Year 2021 Financial Results and Value-Creating International Acquisition Fourth Quarter Highlights and Recent Developments   • Fourth quarter revenue of $101.7 million, up 92% q/q; 130% y/y;  • Launched turnkey DG offering for sub 20MW market • Added three new SunPath contracts • Continue to target strong ~62% revenue growth in 2022 • Announced acquisition of international tracker company, HX Tracker, positioned to create value for our customers and shareholders AUSTIN, Texas
"
11/10/2021
8-K
Quarterly results
Docs:
"
FTC Solar Announces Third Quarter 2021 Financial Results Third Quarter Highlights and Recent Developments    Third quarter revenue of $53.0 million, up 5.8% q/q; nine-month revenue up 18% y/y;   Added to executed contracts and awarded orders, now totaling $752 million YTD through Nov. 9*;     Announced 1.7GW transaction to supply trackers to multiple projects in development by a leading project developer;  Awarded three new projects in Australia, including largest to-date, and first two projects in Africa;  Sean Hunkler named CEO; and  Continue to expect strong sequential revenue growth in Q4, despite project delays/push-outs. AUSTI...
"
08/11/2021
8-K
Quarterly results
06/08/2021
8-K
Quarterly results
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