FTC Solar, Inc. Provides Earnings Guidance for the Second Quarter of 2024
May 10, 2024 at 06:30 am
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FTC Solar, Inc. provided earnings guidance for the second quarter of 2024. For the quarter, the company expects second quarter 2024 revenue at the mid-point to be slightly up from the first quarter. Revenue to be $10.5 million to $15.5 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. 
