Solar Tracking Systems Company FTC Solar’s Loss Reduces to $25.62 Million in Q2 2022

The company attributed the revenue dip to a lower demand environment in the US

August 10, 2022

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U.S.-based solar tracker systems provider FTC Solar recorded a revenue of $30.7 million in the second quarter (Q2) of 2022, a year-over-year (YoY) drop of 39% compared to $50.1 million in the same quarter last year.

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Arjun Joshi

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Solar Tracking Systems Company FTC Solar’s Loss Reduces to $25.62 Million in Q2 2022

Continue Reading with Premium Access

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