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Tracker Systems Provider FTC Solar’s Loss Narrows by 14% YoY in 2022

The company recorded a revenue of $26.22 million in Q4

March 2, 2023

/ Gautamee Hazarika
/ Finance and M&A, Solar
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United States-based solar tracker systems provider FTC Solar posted a net loss of $20.5 million in the fourth quarter (Q4) of 2022, a year-on-year (YoY) improvement of 14.15% compared to a loss of $23.88 million during the corresponding period in 2021.

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Gautamee Hazarika

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Clean energyFTC Solarquarterly resultsRenewableSolar ModulesU.S.
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