Recap: FTC Solar Q1 Earnings

FTC Solar FTCI reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:30 AM.

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

Earnings

FTC Solar beat estimated earnings by 22.22%, reporting an EPS of $-0.07 versus an estimate of $-0.09.

Revenue was down $8.66 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 5.86% drop 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.