SolarEdge Technologies (SEDG) shares were up more than 31% in early trading Wednesday after the company posted higher-than-expected Q4 revenue.
The company reported a Q4 non-GAAP net loss of $3.52 per diluted share, wider than the loss of $0.92 a year earlier.
Two analysts polled by FactSet expected a loss of $1.67.
Revenue for the quarter ended Dec. 31 was $196.2 million, down from $316 million a year earlier.
Analysts surveyed by FactSet expected $189.6 million.
For Q1, the company expects revenue of $195 million to $215 million. Analysts polled by FactSet expect $204.3 million.
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