SolarEdge sees Q1 revenue $175M-$215M, consensus $406.3M

As part of its Q4 earnings last night, the company also guided Q1: Non-GAAP gross margin expected to be within the range of negative 3% to positive 1%, including approximately 850 basis points of net IRA manufacturing tax credit. Non-GAAP operating expenses* to be within the range of $122 million to $130 million. Revenues from the solar segment to be within the range of $160 million to $200 million. Gross margin from the solar segment expected to be within the range of 1% to 5% including approximately 900 basis points of net IRA manufacturing tax credit.