Emeren Group falls after downbeat quarterly results

Shares of U.S.-based solar firm Emeren Group SOL.N fall 18.4% to $1.2

Company reported Q4 adj. core loss of $2.4 million on Thursday, vs estimates of an adj. core profit of $6.32 million, according to data compiled by LSEG

SOL's Q4 net loss widens to $11.8 million from $2.0 million a year ago

Company reports Q4 revenue of $34.6 million, vs estimates of $40.13 million

SOL forecasts 2025 revenue to be in the range of $80 million to $100 million, vs estimates of $144.46 million

"SOL delivered a Q4 miss and issued a weak 2025 outlook ... we remain cautious as project pushouts continue to be a risk, and it is unclear when the challenges will be resolved" - Roth Capital Partners

"We believe Emeren is navigating a choppy macro environment for solar project deployments which we believe is limiting the company's ability to deliver on its outlook in a consistent manner" - H.C. Wainwright

Including sessions moves, stock down 41.1% YTD