FTC Solar (FTCI) Reports Q1 Loss, Tops Revenue Estimates

FTC Solar (FTCI) came out with a quarterly loss of $0.84 per share versus the Zacks Consensus Estimate of a loss of$ 0.67. This compares to loss of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25.37%. A quarter ago, it was expected that this solar tracking systems maker would post a loss of$ 0.83 per share when it actually produced a loss of $0.80, delivering a surprise of 3.61%.Over the last four quarters, the compa ...