** FTC Solar's shares fall 4.7% to 49 cents premarket
** Co's Q3 adj. core loss widens to $12.2 mln from $9.7 mln a year earlier
** FTCI posts Q3 adj. loss of 10 cents/shr vs est. loss of 9 cents/shr - LSEG data
** Co's Q3 revenue falls to $10.1 mln due to lower product volumes, compared with $30.5 mln a year ago
** FTCI expects Q4 revenue to be nearly the same as Q3 or up to 39% higher
** Up till last close, stock down 24.77% YTD
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments