Power-One
anticipates
a
fourth-quarter
net
loss
of
$12m-$15m,
compared
to
a
net
income
of
$21m
in
the
third
quarter.
Based
in
California,
but
with
the
lion’s
share
of
its
manufacturing
capacity
in
Italy,
Power-One
acknowledged
that
“softer-than-expected”
market
conditions
in
Italy
and
Germany
dented
its
bottom
line.
Both
markets
have
seen
sharp
reductions
in
their
feed-in
tariffs,
and
are
also
suffering
from
a
difficult
financing
environment.
The
company
also
lowered
its
quarterly
revenue
forecast
to
$190m-$195m
from
its
prior
estimate
of
$210m-$230m.
Power-One
is
due
to
publish
its
full
results
on…
