FTC Solar: Q4 Earnings Insights

FTC Solar FTCI reported its Q4 earnings results on Wednesday, March 13, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

FTC Solar missed estimated earnings by -14.000000000000002%, reporting an EPS of $-0.08 versus an estimate of $-0.07.

Revenue was down $3.02 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 6.0% increase in the share price the next day.

Here's a look at FTC Solar's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.07	-0.04	-0.09	-0.11
EPS Actual	-0.08	-0.06	-0.07	-0.11
Revenue Estimate	29.21M	47.38M	38.46M	30.38M
Revenue Actual	30.55M	32.36M	40.89M	26.22M

To track all earnings releases for FTC Solar visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar