SolarEdge Technologies (SEDG) shares were up more than 17% in recent trading on Tuesday following its Q1 results.

Earlier, the company reported a Q1 non-GAAP net loss of $1.14 per diluted share, narrower than a loss of $1.90 a year earlier.

Analysts polled by FactSet expected a non-GAAP loss of $1.30 and a loss excluding extraordinary items of $1.16.

Revenue for the quarter ended March 31 was $219.5 million, up from $204.4 million a year earlier.

Analysts surveyed by FactSet expected $203.8 million.

The company said it expects Q2 revenue of $265 million to $285 million. Analysts polled by FactSet expected $243.5 million.

Price: 15.14, Change: +2.22, Percent Change: +17.18