Ascent Solar Technologies Inc. (ASTI) Reports Q3 Loss, Beats Revenue Estimates

Ascent Solar Technologies reported a Q3 loss of $0.3 per share, missing EPS expectations by 42.86%, though it beat revenue estimates with $0.18 million. The company has underperformed the market significantly, down 64.1% year-to-date. With a Zacks Rank #3 (Hold) rating and the solar industry in the bottom 37% of performance, the stock is expected to perform in line with the market.