Workflow
FTC Solar(FTCI)
icon
Search documents
FTC Solar (FTCI) Q2 Revenue Jumps 75%
The Motley Fool· 2025-08-05 21:32
FTC Solar (FTCI -18.00%), a provider of solar tracking systems and software for utility-scale solar projects, released its results on August 5, 2025. The report showed strong revenue growth of 74.9% year over year to $20.0 million (GAAP), but this figure fell short of analyst expectations of $21.1 million. Non‑GAAP earnings per share (EPS) registered a loss of $(0.86), also missing the consensus Non-GAAP EPS estimate of $(0.80). Despite tight cost controls and a multi-year low in operating expenses, negativ ...
FTC Solar(FTCI) - 2025 Q2 - Earnings Call Transcript
2025-08-05 13:30
FTC Solar (FTCI) Q2 2025 Earnings Call August 05, 2025 08:30 AM ET Speaker0Good day, and thank you for standing by. Welcome to the FTC Solar's second quarter twenty twenty five earnings conference call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during this session, you will need to press 11 on your telephone.You will then hear an automated message advising that your hand is raised. To withdraw yo ...
FTC Solar(FTCI) - 2025 Q2 - Quarterly Report
2025-08-05 13:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 For the transition period from __________to__________ Commission File Number 001-40350 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FTC SOLAR, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporati ...
FTC Solar(FTCI) - 2025 Q2 - Earnings Call Presentation
2025-08-05 12:30
August 5, 2025 Second Quarter 2025 Earnings Results 2 Forward-Looking Statements and Non-GAAP Financial Measures This presentation contains forward looking statements. These statements are not historical facts but rather are based on our current expectations and projections regarding our business, operations and other factors relating thereto. Words such as "may," "will," "could," "would," "should," "anticipate," "predict,""potential," "continue," "expects," "intends," "plans," "projects," "believes," "esti ...
FTC Solar(FTCI) - 2025 Q2 - Quarterly Results
2025-08-05 10:40
Exhibit 99.1 FTC Solar Announces Second Quarter 2025 Financial Results Second Quarter Highlights and Recent Developments AUSTIN, Texas—August 5, 2025–FTC Solar,Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the second quarter that endedJune 30, 2025. "Second quarter results were in-line with our guidance ranges, with continued cost controls allowing for Adjusted EBITDA to come in at the high-end of the range", commented Yann Brandt, President and Chie ...
FTC Solar Announces Second Quarter 2025 Financial Results
Globenewswire· 2025-08-05 10:30
Second Quarter Highlights and Recent DevelopmentsSecond quarter revenue of $20.0 million, up 74.9% y/y, within target guidanceCost efficiencies drive operating expenses to multi-year lowSecured $75 million strategic financing facility, effective July 2, 2025Tony Alvarez appointed as Independent Director as Dean Priddy retires from the Board AUSTIN, Texas, Aug. 05, 2025 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the s ...
FTC Solar Announces Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-08-05 10:30
Second quarter revenue of $20.0 million, up 74.9% y/y, within target guidanceCost efficiencies drive operating expenses to multi-year lowSecured $75 million strategic financing facility, effective July 2, 2025Tony Alvarez appointed as Independent Director as Dean Priddy retires from the Board AUSTIN, Texas, Aug. 05, 2025 (GLOBE NEWSWIRE) --  FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the second quarter that ended June 30, 2025. “Second ...
Sen. Elizabeth Warren targets price gouging in new bill as tariff costs, inflation increase
CNBC· 2025-07-17 16:03
Core Viewpoint - A group of legislators, led by Senator Elizabeth Warren, is introducing the Price Gouging Bill of 2025 to combat price gouging by large corporations amid rising inflation and increasing tariffs [1][2]. Group 1: Legislative Details - The Price Gouging Bill of 2025 aims to make price gouging illegal and empower the Federal Trade Commission (FTC) and state attorneys general to litigate against alleged market abuses [2][6]. - The bill requires companies with over $100 million in revenue to report any price changes exceeding the average price from the previous 120 days, along with details on product costs and margins [6]. - An additional $1 billion in funding will be allocated to the FTC to enforce the new price gouging law [7]. Group 2: Economic Context - The proposed legislation follows a resurgence of inflation as indicated by the June consumer price index and the ongoing impact of tariffs [2][4]. - Corporations, including Costco and Best Buy, have cited tariffs as a reason for price increases during their second-quarter earnings calls [9]. Group 3: Political Statements - Senator Warren criticized President Trump's tariff policies for enabling corporations to raise prices excessively, claiming that the bill is a chance for Congress to protect families from corporate abuse [4][8]. - Senator Baldwin emphasized that the bill aims to address corporate greed and the rising costs of everyday items affecting families [8]. Group 4: Support and Criticism - The bill has garnered support from labor organizations like the AFL-CIO and United Steelworkers, who believe it is overdue [10]. - There has been criticism of price gouging policies from both political sides, with some arguing that such measures may not be sound economics [11].
FTC Solar Announces $75 Million Strategic Financing
Globenewswire· 2025-07-07 12:02
$14.3 million received July 2Additional $23.2 million expected to close in third quarter of 2025Total funding scalable to $75 million AUSTIN, Texas, July 07, 2025 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced that it entered into a new $75 million strategic financing facility (the “Financing Facility”) with Cleanhill Partners and affiliates, AV Securities and other long-term investors. The Financing Facilit ...
FTC Solar to Participate in Upcoming Investor Conferences
Globenewswire· 2025-05-13 12:02
Company Overview - FTC Solar, Inc. is a leading provider of solar tracker systems, software, and engineering services, founded in 2017 by renewable energy industry veterans [3] - The company specializes in solar trackers that enhance energy production by optimizing solar panel orientation, offering a competitive installation cost-per-watt advantage [3] Upcoming Investor Meetings - FTC Solar's management team, including CEO Yann Brandt, will participate in investor meetings at the CLEANPOWER 2025 conference on May 20, 2025, in Phoenix, alongside analysts from UBS, Guggenheim, and Roth Securities [1] - The company will host in-person investor meetings at the Bank of America Power, Utilities and Alternative Energy Conference on May 28, 2025, in New York [2] - FTC Solar will also hold in-person investor meetings at the Roth Securities London Conference on June 25, 2025, in London [2] Contact Information - For investor inquiries, FTC Solar's Vice President of Investor Relations, Bill Michalek, can be contacted at (737) 241-8618 or via email at IR@FTCSolar.com [4]