Solar Tracker Stock Jumps 42% as Profitability Nears
On a utility-scale solar build, time in the field is money. Every labor hour shaved off installing the steel and motors that tilt panels toward the sun moves a project closer to energizing and generating revenue. For tracker suppliers, installation speed has become a selling point as important as the hardware itself.Shares of FTC Solar, Inc. (Nasdaq: FTCI) are surging Wednesday after the Austin, Texas-based tracker provider reported third quarter results showing higher revenue, improving margins and a narrower Adjusted EBITDA loss. Management also projected 46% sequential revenue growth ... See required disclosures by following the link: https://www.allpennystocks.com/specialreportsUS/4209/solar-tracker-stock-jumps-42-as-profitability-nears