AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — FTC Solar Inc. (FTCI) on Tuesday reported a loss of $15.4 million in its second quarter.
The Austin, Texas-based company said it had a loss of $1.18 per share. Losses, adjusted for non-recurring costs and stock option expense, were 86 cents per share.
The solar tracking systems maker posted revenue of $20 million in the period.
For the current quarter ending in September, FTC Solar said it expects revenue in the range of $18 million to $24 million.
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