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Tracker Firm FTC Solar’s Net Loss Narrows by 34% YoY as Product Margins Improve

The Q3 revenue reached $30.55 million, marking an 84.3% YoY increase

November 13, 2023

/ Gautamee Hazarika
/ Markets & Policy, Solar
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U.S.-based solar tracker systems provider FTC Solar‘s net loss of $16.94 million during the third quarter (Q3) of the financial year (FY) 2023, a year-over-year (YoY) improvement of 34% from a loss of $25.64 million.

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Gautamee Hazarika

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Financial ResultsFTC SolarNet IncomeRevenueTrackers
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