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SEDG Solaredge Technologies News Story

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SolarEdge forecasts Q4 revenue below estimates, shares fall

** Shares of solar inverter maker SolarEdge Technologies SEDG.O down 7.3% at $29.50 premarket

** Co forecasts Q4 revenue within the range of $310 million to $340 million, compared with analysts expectations of $345.91 million - data compiled by LSEG

** SEDG also reports Q3 adjusted loss of 31 cents per share vs estimated loss of 38 cents per share

** Separately, co announced collaboration with Infineon Technologies IFXGn.DE to advance its Solid-State Transformer platform for next-generation AI and hyperscale data centers

** The technology helps connect data centers to the power grid more efficiently, using less space, cutting emissions and speeding up setup

** As of last close, SEDG shares up ~134% YTD

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))

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