SolarEdge Technologies Inc Reports Q3 Earnings

Investing.com – SolarEdge Technologies Inc (NASDAQ: SEDG) reported a third quarter EPS of $-15.33, which was $13.68 worse than the analyst estimate of $-1.65. Revenue for the quarter totaled $260.9M, compared to the consensus estimate of $272.8M.

Guidance

SolarEdge Technologies Inc expects Q4 2024 revenue in the range of $180.00M-$200.00M, while the analyst consensus stands at $309.20M.

Stock Performance

The stock price for SolarEdge Technologies Inc closed at $14.68. It has declined -30.75% over the last 3 months and -79.94% over the past 12 months.

EPS Revisions

In the last 90 days, SolarEdge Technologies Inc recorded 0 positive EPS revisions and 23 negative EPS revisions. You can see the stock price’s past reactions to earnings reports here.

Financial Health

According to InvestingPro, SolarEdge Technologies Inc holds a Financial Health score classified as "fair performance".

For a detailed look at SolarEdge Technologies Inc's recent earnings performance and financials, check our coverage.

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