SolarEdge Technologies is trading at $31.75, down 6.23%, after fourth-quarter revenue guidance of $245–$275 million came in below analyst expectations.
- November 4 results included adjusted EPS of $0.29, beating expectations.
- Management cited softer demand and market uncertainty. Third-quarter non-GAAP gross margin included a $36 million tariff-related benefit.
- Fourth-quarter gross margin guidance is 17%–21%.