Brief: FTC Solar Announces Third Quarter 2023 Financial Results And Leadership Transition

FTC Solar

08/11/2023 11:34

Nov 8 (Reuters) - Ftc Solar Inc  FTCI.O :
    * FTC SOLAR ANNOUNCES THIRD QUARTER 2023 FINANCIAL RESULTS
AND
LEADERSHIP TRANSITION
    * : SEAN HUNKLER AND PHELPS MORRIS HAVE DEPARTED THEIR ROLES
AS
CEO AND CFO, RESPECTIVELY
    * LEADERSHIP TRANSITION ANNOUNCED WITH SEAN HUNKLER AND
PHELPS
MORRIS DEPARTING
    * : SEAN HUNKLER AND PHELPS MORRIS HAVE DEPARTED THEIR ROLES
AS
CEO AND CFO, RESPECTIVELY
    * : CATHY BEHNEN HAS BEEN NAMED CFO ON AN INTERIM BASIS
    * : EXPECT Q4 REVENUE TO BE DOWN FROM Q3
    * QTRLY LOSS PER SHARE $0.14
    * : EXPECT TO CROSS INTO PROFITABILITY IN 2024
    * SEES 4Q'23 REVENUE $18.0 - $28.0 MILLION
    * SEES 1Q'24 REVENUE $40.0 - $50.0 MILLION
    * Q3 EARNINGS PER SHARE VIEW $-0.07, REVENUE VIEW $29.2
MILLION --
LSEG IBES DATA
    * Q4 REVENUE VIEW $67.6 MILLION -- LSEG IBES DATA

Source text for Eikon:  ID:nGNX52GvdH 
Further company coverage:  FTCI.O 

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