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Stock impact report

FTC Solar (FTCI) Is Up 36.2% After Return to Gross Profitability and Robotics Innovation [Yahoo! Finance]

FTC Solar, Inc. (FTCI) 
Company Research Source: Yahoo! Finance
US$10.14 million a year prior, and returning to gross profit positivity for the first time since 2023, while also strengthening its balance sheet through new contracts, a US$75 million financing facility, and acquiring full ownership of Alpha Steel. This quarter also saw FTC Solar introduce new robotics-enabled tracker technologies designed to reduce labor intensity and speed up utility-scale solar deployment, positioning the company to address industry bottlenecks and capitalize on increased demand for decarbonization solutions. With the company reporting its highest adjusted EBITDA in five years and major product innovation, we'll review how these developments reshape FTC Solar's investment narrative. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 37 best rare earth metal stocks of the very few that mine this essential s Show less Read more
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