FTC Solar (FTCI) Reports Q3 Loss, Tops Revenue Estimates
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FTC Solar (FTCI) reported a Q3 loss of $0.10 per share, which was larger than the Zacks Consensus Estimate of a $0.08 loss. However, the company exceeded revenue expectations.
November 12, 2024 | 2:00 pm
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NEUTRAL IMPACT
FTC Solar reported a Q3 loss of $0.10 per share, missing the Zacks Consensus Estimate of a $0.08 loss. Despite this, the company exceeded revenue expectations.
FTC Solar's larger-than-expected loss per share could negatively impact investor sentiment. However, exceeding revenue expectations may offset some of the negative impact, leading to a neutral short-term stock price effect.
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