FTC Solar Reports $32.8 Million in Third-Quarter Revenue
Revenue rose 26.1% from $26 million a year earlier. Net income was $6.7 million, versus a $23.9 million loss, while diluted EPS was a loss of $0.54. The earnings swing was largely driven by a non-cash gain.
FTC Solar reported third-quarter 2026 revenue of $32.8 million, up 26.1% from $26 million a year earlier. Net income was $6.7 million, compared with a $23.9 million net loss in the prior-year quarter, while diluted EPS was a loss of $0.54. The earnings swing was largely driven by a non-cash gain fr…