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FTC Solar (NASDAQ: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.
Posted In: FTCI
