FTC Solar (FTCI) Reports Q2 Loss, Misses Revenue Estimates
FTCIFTC Solar(FTCI) ZACKS·2024-08-08 20:40

FTC Solar (FTCI) came out with a quarterly loss of 0.09pershareinlinewiththeZacksConsensusEstimate.Thiscomparestolossof0.09 per share in line with the Zacks Consensus Estimate. This compares to loss of 0.06 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this solar tracking systems maker would post a loss of 0.09persharewhenitactuallyproducedalossof0.09 per share when it actually produced a loss of 0.09, delivering no surprise.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.FTC Solar, which belongs to the ...