The SolarEdge logo is seen on a smartphone and a PC screen.
Pavlo Gonchar | SOPA Images | Sipa USA via AP Images
Shares of SolarEdge tumbled on Wednesday after hours, following the solar product manufacturer’s soft guidance for its fourth quarter amid demand struggles in the renewable energy sector.
Here’s how the company did:
- Earnings per share: Loss of 55 cents vs. 89 cents expected by LSEG, formerly known as Refinitiv
- Revenue: $725 million vs. $768 million expected by LSEG
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