FTC Solar (FTCI) Reports Q2 Loss, Misses Revenue Estimates

FTC Solar (FTCI) came out with a quarterly loss of $0.09 per share in line with the Zacks Consensus Estimate. This compares to loss of$0.06 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this solar tracking systems maker would post a loss of $0.09 per share when it actually produced a loss of$0.09, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. FTC Solar, which belongs to ...