Investor Presentation
Q2 FY2024 Highlights
Q2 Revenue
$ 573M
23% Y/Y Growth
Q2 Adj. EBITDA
$ 110M
164% Y/Y Growth
Record revenue and profits; Significant margin expansion due
to strategic supply chain repositioning and continued pricing
discipline
Record backlog; robust customer wins across multiple
continents
Launched Next Gen Tech Suite with 3 new innovations that
provides enhanced functionality in hail protection, undulating
terrain, and fast-changing atmospheric conditions
Continued U.S. and global manufacturing supply chain
capacity expansion with strategic partners
Backlog includes executed contracts or purchase orders with deposits and specific bills of materials for EPCs and Volume Commitment Agreements (VCAs) with customer deposits on portfolios of specific projects.
See Appendix for definition of metrics and reconciliations of each non-GAAP financial measure to most directly comparable financial measure stated in accordance with GAAP.
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