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FTCI — FTC Solar News Story

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Brief: FTC Solar Q1 Adjusted EPS USD -0.84

May 01 (Reuters) - FTC Solar Q1 revenue USD 20.803 million vs. IBES estimate USD 18.8 million.

Q1 adjusted gross margin -14.4%

Q1 adjusted net income USD -10.801 million

Q1 adjusted income from operations USD -9.75 million

outlook Q2 revenue USD 19-24 million

outlook Q2 adjusted gross margin -23.4 to -8.5%

outlook Q2 adjusted EBITDA USD -13.3 to -10 million

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