FTC Solar Announces First Quarter 2025 Financial Results
First Quarter Highlights and Recent DevelopmentsFirst quarter revenue of $20.8 million, up 58% q/q, above targetCost efficiencies drive operating expenses to multi-year lowSeeing increased customer interest and activity including bid activity up 60% y/yUpsized promissory note offering expected to close in Q2Strengthened 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 announc ...