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FTC Solar drops after soft Q1 forecast

ReutersMar 5, 2026 1:35 PM

Shares of solar company FTC Solar FTCI.O down 26% at $5.49 premarket

Co forecasts Q1 adjusted core loss in the range of $5.9 million to $9.6 million, compared with analysts' estimate of a loss of $3.82 million - data compiled by LSEG

Expects Q1 revenue between $20 million and $25 million vs est of $35.1 million

FTCI says it enters Q1 with a bit of seasonality and leftover effects of the regulatory uncertainty related project delays in mid-2025

Co reports Q4 adjusted loss per share of 17 cents, compared with estimated loss of 22 cents per share

Up to last close , stock down 32% YTD

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