FTC Solar (FTCI) Reports Q2 Loss, Beats Revenue Estimates

FTC Solar (FTCI) came out with a quarterly loss of $0.86 per share versus the Zacks Consensus Estimate of a loss of$ 0.64. This compares to a loss of $0.9 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -34.38%. A quarter ago, it was expected that this solar tracking systems maker would post a loss of$ 0.67 per share when it actually produced a loss of $0.84, delivering a surprise of -25.37%. Over the last four quarters, the ...