Earlier in October, the company warned Wall Street of its weak third quarter and soft fourth-quarter guidance.$725 million vs. $768 million expected by LSEG
SolarEdge CEO Zvi Lando said in a Wednesday statement that the third-quarter disappointment is a reflection of "a slow market environment, which has resulted in high inventory of our products in the distribution channels—in particular in Europe."
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Solaredge shares sink 21% after company offers weak Q4 guidanceThis is breaking news. Please check back for updates.
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SolarEdge shares sink 21% after company offers weak Q4 guidanceShares of SolarEdge tumbled on Wednesday after hours, following the solar product manufacturer’s soft guidance for its fourth quarter amid demand…
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SolarEdge shares sink 24% after company offers weak Q4 guidanceShares of SolarEdge tumbled on Wednesday after hours, following the solar product manufacturer’s soft guidance for its fourth quarter amid demand…
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SolarEdge’s stock tanks 22% after company swings to surprise loss, revenue dropClaudia Assis is a San Francisco-based reporter for MarketWatch. Follow her on Twitter ClaudiaAssisMW.
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Stocks making the biggest moves after hours: SolarEdge, Qualcomm, Etsy, Clorox and moreThese are the stocks posting the largest moves in extended trading.
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