AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — FTC Solar Inc. (FTCI) on Wednesday reported a loss of $23.9 million in its third quarter.
The Austin, Texas-based company said it had a loss of $1.61 per share. Losses, adjusted for non-recurring costs and stock option expense, came to 36 cents per share.
The solar tracking systems maker posted revenue of $26 million in the period.
For the current quarter ending in December, FTC Solar said it expects revenue in the range of $30 million to $50 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTCI at https://www.zacks.com/ap/FTCI
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
