UPDATE: SunEdison Posts Q3 Net Loss

SunEdison

posted a loss in the third quarter and lowered its full-year sales outlook. SunEdison posted a quarterly net loss of $108 million, or $0.47 per share, versus a year-ago profit of $37 million, or $0.16 per share. Excluding one-time items, SunEdison broke even in the latest quarter. However, analysts were projecting a loss of $0.12 per share. SunEdison shares gained 2.89% to $10.68 in pre-market trading.