By Dean Seal Shares of FTC Solar hit a record low after the company said its chief executive and chief financial officer are on their way out. The stock.
FTC Solar Announces Third Quarter 2023 Financial Results and Leadership Transition – Padovanews padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
Third Quarter Highlights and Recent Developments Revenue of $30.5 million up 84% y/y, down 5.6% q/qContinue to improve cost structure, as evidenced by gross margin on sub-scale revenue.
FTC Solar Inc shares plummeted 62% to $0.46 in late-morning trading on Wednesday after the solar tracking systems maker announced a third quarter 2023.