SolarEdge(SEDG)

Search documents
SolarEdge(SEDG) - 2023 Q4 - Annual Report
2024-02-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 20-5338862 (State or ot ...
SolarEdge (SEDG) Q4 Earnings Top Estimates, Revenues Fall Y/Y
Zacks Investment Research· 2024-02-22 13:05
Shares of SolarEdge Technologies, Inc. (SEDG) lost 12.1% to reach $74.14 on Feb 21, following the company’s latest financial report release. It reported a fourth-quarter 2023 adjusted loss of 92 cents per share, narrower than the Zacks Consensus Estimate of loss of $1.47. The bottom line deteriorated from the prior-year quarter’s reported earnings of $2.86 per share.Barring one-time adjustments, the company recorded a GAAP loss of $2.85 per share against earnings of 36 cents recorded in the year-ago period ...
Why Is SolarEdge (SEDG) Stock Down 16% Today?
InvestorPlace· 2024-02-21 14:25
Solaredge Technologies (NASDAQ:SEDG) stock is falling hard on Wednesday after the company solar power panel company posted its Q4 2023 earnings report.The bad news for SEDG stockholders comes from the company’s outlook for the first quarter of 2024. This has it expecting to range from $175 million to $215 million. That would see it missing Wall Street’s revenue estimate of $406.29 million for the quarter.Solaredge Technologies CEO Zvi Lando provided some insight into the company’s struggles in its latest ea ...
SolarEdge Stock Dives After Earnings Miss, Weak Sales Guidance—Key Price Level to Monitor
Investopedia· 2024-02-21 13:20
Key TakeawaysSolarEdge shares tumbled in pre-market trading Wednesday after the company posted fourth-quarter results that fell short of expectations and issued weaker-than-expected sales guidance for the March quarter.The company doesn't expect to clear its backlog of inventory until the end of 2024 and anticipates the U.S. retail solar market to remain subdued until interest rates fall.The SolarEdge share price may carve out a triple bottom chart pattern if it can successfully hold a key support area arou ...
SolarEdge Technologies plummets on underwhelming revenue forecast
Proactive Investors· 2024-02-21 12:43
About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...
SolarEdge(SEDG) - 2023 Q4 - Earnings Call Transcript
2024-02-21 03:13
SolarEdge Technologies, Inc. (NASDAQ:SEDG) Q4 2023 Earnings Call Transcript February 20, 2024 4:30 PM ET Company Participants JB Lowe - Head of IR Zvi Lando - CEO Ronen Faier - CFO Conference Call Participants Andrew Percoco - Morgan Stanley Philip Shen - ROTH MKM Brian Lee - Goldman Sachs Kashy Harrison - Piper Sandler Mark Strouse - JPMorgan Colin Rusch - Oppenheimer Christine Cho - Barclays Cameron Lochridge - Bank of America Corinne Blanchard - Deutsche Bank Joseph Osha - Guggenheim Partners Tristan Ric ...
SolarEdge (SEDG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-21 01:01
For the quarter ended December 2023, SolarEdge Technologies (SEDG) reported revenue of $316.04 million, down 64.5% over the same period last year. EPS came in at -$0.92, compared to $2.86 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $319.97 million, representing a surprise of -1.23%. The company delivered an EPS surprise of +37.41%, with the consensus EPS estimate being -$1.47.While investors closely watch year-over-year changes in headline numbers -- revenue and ...
SolarEdge(SEDG) - 2023 Q4 - Earnings Call Presentation
2024-02-20 22:33
solar adge SolarEdge Technologies Nasdaq l SEDG 6.6 MW, Gound mount, Windach, Germany Installed by Feneco Safe Harbor Use of Forward-Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information, among other things, concerning: our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; tech ...
SolarEdge's stock plummets 14% as company becomes latest poster child for solar industry's problems
Market Watch· 2024-02-20 22:01
Shares of SolarEdge Technologies Inc. dropped more than 14% in the extended session Tuesday after the maker of inverters and other solar-power equipment reported quarterly sales that fell more than 60% and guided for even lower sales, the latest reminder of the ongoing downdraft for the solar industry. Lower demand amid high interest rates and regulatory changes in California, as well as rising inventories, have pummeled solar-power and related industries, and SolarEdge just last month embarked on a cos ...
SolarEdge tumbles 18% on weak first quarter guidance
CNBC· 2024-02-20 21:28
A SolarEdge Technologies logo is seen on a smartphone and a PC.SolarEdge's stock plummeted Tuesday after the company gave weak guidance for the first quarter. SolarEdge expects revenues of $175 million to $215 million for the quarter, well below Wall Street's expectations of $406 million. Here's what SolarEdge reported for the fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Loss per share: 92 cents adjusted, vs. $1.17 expected.R ...