FTCI - These Analysts Cut Their Forecasts On FTC Solar After Q4 Results | Benzinga
FTC Solar, Inc. (NASDAQ: FTCI) reported mixed financial results for the fourth quarter on Wednesday.
FTC Solar posted adjusted loss of 8 cents per share, versus market estimates for a loss of 7 cents per share. The company’s quarterly sales came in at $23.201 million versus expectations of $23.116 million, according to data from Benzinga Pro.
"The company's fourth-quarter results were in line with our targets,” said Shaker Sadasivam, Chairman of the Board of FTC Solar. "As it relates to our CEO succession plan, we have begun searching for our next CEO and have ...