FTC Solar Lowers 2026 Revenue Growth Target to 25% From 40%
Photo: TokenPost
FTC Solar, Inc. (NASDAQ: FTCI) expects revenue growth of 25% for 2026, below its previous 40% target, while planning measures to expand liquidity as volume rises. The new growth estimate is 15 percentage points below the earlier target. The company provided no specific full-year 2027 revenue guidance. FTC Solar sells tracker hardware, software and engineering services for solar projects. Its third-quarter revenue was $32.813 million, up 25.4% from the second quarter. The company’s third-quarter results and going-concern warning provide context for its latest outlook.
Source: TokenPost
