FTC Solar, Inc. Provides Earnings Guidance for the Fourth Quarter of Year 2023 and for the First Quarter of Year 2024
November 08, 2023 at 06:30 am EST
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FTC Solar, Inc. provided earnings guidance for the fourth quarter of year 2023 and for the first quarter of year 2024. For the period, The company expects revenue in the range of $18.0 million - $28.0 million.
For the first quarter, the company expects revenue in the range of $40.0 million - $50.0 million.
FTC Solar, Inc. is a provider of solar tracker systems, technology, software, and engineering services. It offers trackers and software solutions targeting the utility-scale solar energy markets to customers in the United States, Asia, Europe, the Middle East, North Africa, South Africa and Australia. It is engaged in the sale of solar tracker systems and customized components for those systems, individual part sales for certain specific transactions and the sale of term-based software licenses. Its tracker system is marketed under the Voyager brand name (Voyager), which is built upon a self-powered, two-panel in- portrait (2P) single-axis tracker design utilizing a 60-meter independent row architecture. In addition, its Pioneer 1P solar tracker solution leverages the technological advantages of Voyager. It also offers shipping and handling services, engineering consulting and pile testing services, subscription-based enterprise licensing and maintenance and support services.
FTC SOLAR, INC. 
