FTCI - FTC Solar GAAP EPS of -$0.11 beats by $0.04 revenue of $40.89M beats by $2.43M
2023-05-10 06:42:04 ET
- FTC Solar press release ( NASDAQ: FTCI ): Q1 GAAP EPS of -$0.11 beats by $0.04 .
- Revenue of $40.89M (-17.5% Y/Y) beats by $2.43M .
- GAAP?gross profit was $2.0 million, or 5.0% of revenue, compared to a loss of $1.9 million, or 7.3% of revenue in the prior quarter. Non-GAAP gross profit was $3.0 million or 7.3% of revenue.
- For the second quarter of 2023:
- Revenue is expected between $42.5m to $52.5M vs %50.08M Consensus
- Non-GAAP Adjusted EBITDA of $(7) to $(3.5)
For further details see:
FTC Solar GAAP EPS of -$0.11 beats by $0.04, revenue of $40.89M beats by $2.43M