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FTC Solar: Q3 Earnings Snapshot
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AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — FTC Solar Inc. (FTCI) on Wednesday reported profit of $6.7 million in its third quarter.

The Austin, Texas-based company said it had net loss of 54 cents per share. Losses, adjusted for one-time gains and costs, came to 44 cents per share.

The solar tracking systems maker posted revenue of $32.8 million in the period.

For the current quarter ending in December, FTC Solar said it expects revenue in the range of $44 million to $52 million.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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