Power-One (PWER -11.3%) tumbles after warning it expects Q4 revenue of $190M-$195M and a net...

|About: Power - One, Inc. (PWER)|By:, SA News Editor

Power-One (PWER -11.3%) tumbles after warning it expects Q4 revenue of $190M-$195M and a net loss of $12M-$15M, well below a consensus of $221.4M in revenue of $0.07 in EPS. The maker of power supplies and solar inverters blames weak solar demand, primarily in Italy and Germany. Shares are now within striking distance of their 52-week low. (PR)