FTC Solar, Inc. (FTCI) revealed Loss for its fourth quarter of -$12.24 million
The company's bottom line totaled -$12.24 million, or -$0.96 per share. This compares with -$11.18 million, or -$0.89 per share, last year.
Excluding items, FTC Solar, Inc. reported adjusted earnings of -$10.23 million or -$0.80 per share for the period.
The company's revenue for the period fell 43.1% to $13.20 million from $23.20 million last year.
FTC Solar, Inc. earnings at a glance (GAAP) :
-Earnings: -$12.24 Mln. vs. -$11.18 Mln. last year.
-EPS: -$0.96 vs. -$0.89 last year.
-Revenue: $13.20 Mln vs. $23.20 Mln last year.
-Guidance:
Next quarter revenue guidance: $18.0 - $20.0 Mln
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