FTC Solar: Q1 Earnings Insights

FTC Solar FTCI reported its Q1 earnings results on Tuesday, May 10, 2022 at 06:30 AM.

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

Earnings

FTC Solar missed estimated earnings by 66.67%, reporting an EPS of $-0.2 versus an estimate of $-0.12.

Revenue was down $16.15 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 11.57% increase in the share price the next day.

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

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.