FTC Solar Inc reports results for the quarter ended June 30 - Earnings Summary
FTC Solar Inc reports results for the quarter ended June 30 - Earnings Summary
FTC Solar Inc FTCI.OQ reported a quarterly adjusted loss of 76 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -86 cents. The mean expectation of four analysts for the quarter was for a loss of 42 cents per share. Wall Street expected results to range from -49 cents to -36 cents per share.
Revenue rose 30.8% to $26.16 million from a year ago; analysts expected $24.39 million.
FTC Solar Inc's reported EPS for the quarter was a loss of $1.69.
The company reported a quarterly loss of $27.12 million.
FTC Solar Inc shares had fallen by 39.4% this quarter and lost 71.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 35.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
This summary was machine generated from LSEG data August 5 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.42 | -0.76 | Missed |
Mar. 31 2026 | -0.34 | -0.67 | Missed |
Dec. 31 2025 | -0.22 | -0.17 | Beat |
Sep. 30 2025 | -0.56 | -0.36 | Beat |
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FTC Solar Inc reports results for the quarter ended June 30 - Earnings Summary