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0 0 0.00332225913621255 0.0022148394241417 0.00166112956810618 0.00332225913621255 -0.0022148394241419 0.00276854928017703
Stock impact report

Why Is SolarEdge Stock Skyrocketing Today? [Yahoo! Finance]

SolarEdge Technologies, Inc. (SEDG) 
Last solaredge technologies, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.solaredge.com
Company Research Source: Yahoo! Finance
Revenues of $196.2 million, down 17% sequentially, beat the consensus of $188.704 million Revenues from the solar segment declined 15% Q/Q to $189 million. The company shipped 895 Megawatts (AC) of inverters and 130 MWh of batteries for PV applications in the quarter. Adjusted gross margin was negative 39.5% versus negative 305.0% in the prior quarter, and adjusted operating loss narrowed to $184.1 million from $833.61 million in the prior quarter. Adjusted loss per share of $3.52 missed the street view for a loss of $1.65 Operating cash flow for the quarter was $37.8 million and free cash flow was $25.5 million. As of December 31, cash, cash equivalents, bank deposits, restricted bank deposits, and marketable securities totaled $81.8 million, net of debt, compared to $51.3 million as of September 30, 2024. Outlook : For the first quarter, the company expects revenue of $195 million-$215 million (versus consensus of $202.79 million) and adjusted gross margin of 6% – 10% Show less Read more
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