FTC Solar misses Q2 estimates

2 hours ago 1

Earnings News

FTC Solar press release (NASDAQ:FTCI): Q2 GAAP EPS of -$1.18 misses by $0.38.
Revenue of $20M (+75.0% Y/Y) misses by $0.06M.

(in millions)		2Q'25Guidance		2Q'25Actual				3Q'25Guidance⁽³⁾
Revenue		$19.0 – $24.0		$	20.0			$18.0 – $24.0
Non-GAAP Gross Profit (Loss)		$(4.4) – $(2.0)		$	(3.5	)		$(2.4) – $0.6
Non-GAAP Gross Margin		(23.4%) – (8.5%)			(17.4	%)		(13.4%) – 2.5%
Non-GAAP operating expenses		$7.8 – $8.6		$	6.5			$7.2 – $7.9
Non-GAAP adjusted EBITDA		$(13.3) – $(10.0)		$	(10.4	)		$(10.8) – $(6.8)

More on FTC Solar

Recommended For You

More Trending News

Read Entire Article