• FTC Solar Inc FTCI.OQ reported a quarterly adjusted loss of 80 cents​​ per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for a loss of 86 cents per share. Wall Street expected results to range from $-1.10 to -70 cents per share.

• Revenue fell 43.1% to $13.20 million from a year ago; analysts expected $11.61 million.

• FTC Solar Inc's reported EPS for the quarter was a loss of 96 cents​.

• The company reported a quarterly loss of $12.24 million.

• FTC Solar Inc shares had fallen by 54.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "hold"

• Wall Street's median 12-month price target for FTC Solar Inc is $4.50

This summary was machine generated from LSEG data March 31 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)