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SolarEdge forecasts Q4 revenue below estimates, shares fall

By Reuters News

** Shares of solar inverter maker SolarEdge SEDG.O fall 12.2% to $28.78 premarket

** Co forecasts Q4 revenue within the range of $245 million–$275 million, below analysts' expectations of $314.13 million — LSEG data

** SEDG also reports Q3 revenue of $326.1 million, down from last year's $340.2 million

** However, its loss narrows to $8.4 million from $50.1 million

** As of last close, stock up about 14% YTD

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