AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — FTC Solar Inc. (FTCI) on Wednesday reported a loss of $27.1 million in its second quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of $1.69. Losses, adjusted for non-recurring costs and amortization costs, came to 76 cents per share.
The solar tracking systems maker posted revenue of $26.2 million in the period.
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