About this content Use of technology Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

SEDG stock is down 17.1% as of Tuesday morning. This comes alongside more than 7 million shares changing hands. For comparison, the company's daily average trading volume is about 2.3 million shares. SolarEdge (NASDAQ:SEDG) stock is taking a beating on Tuesday after the company announced that one of its customers has filed for bankruptcy. This has investors in SEDG stock worried about whether the company will ever see that payment. SolarEdge says it will be closely watching the bankruptcy filing but says th ...

SolarEdge Technologies said one of its customers has filed for bankruptcy and likely won't be able to pay the $11.4 million it owes. In addition, the company warned that it expects that it spent $150 million in free cash in the current quarter. SolarEdge also announced it is selling $300 million in convertible notes. SolarEdge wrote in a Securities and Exchange Commission (SEC) filing Monday that PM&M Electric, a solar panel installer in Arizona, owes the company $11.4 million, and noted that while it is mo ...

The solar market could be set to start growing again. In this video, Motley Fool contributor Jason Hall takes another look at Enphase Energy (ENPH -1.75%) and SolarEdge (SEDG -3.79%), which have fallen sharply. *Stock prices used were from the afternoon of June 20, 2024. The video was published on June 21, 2024. ...

SolarEdge Technologies Inc. (SEDG) has launched its state-of-the-art, three-phase solar inverter and home battery solution at the recently held Intersolar exhibition in Munich. This solution, expected to be available in Europe's residential solar market in the second half of next year, should expand SEDG's footprint in the booming solar industry of Europe. With a greater power class of up to 20 kilowatts (kW), SolarEdge's next-generation inverter is designed for full home backup applications. Thanks to the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 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 ...

SolarEdge Technologies, Inc. (SEDG) reported a first-quarter 2024 adjusted loss of $1.90 per share, wider than the Zacks Consensus Estimate of a loss of $1.58. The bottom line also deteriorated from the prior-year quarter’s reported earnings of $2.90 per share.Barring one-time adjustments, the company recorded a GAAP loss of $2.75 per share against GAAP earnings of $2.35 per share recorded in the year-ago period.RevenuesThe company’s quarterly revenues of $204.4 million surpassed the Zacks Consensus Estimat ...

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants JB Lowe - Head of IR Zvi Lando - Chief Executive Officer Ronen Faier - Chief Financial Officer Conference Call Participants Andrew Percoco - Morgan Stanley Brian Lee - Goldman Sachs Philip Shen - Roth Capital Partners Mark Strouse - JPMorgan Colin Rusch - Oppenheimer Austin Moeller - Canaccord Kashy Harrison - Piper Sandler Jordan Levy - Truist Securities Vikram Bagri - Citi Research Chris ...

SolarEdge Technologies (SEDG) came out with a quarterly loss of $1.90 per share versus the Zacks Consensus Estimate of a loss of $1.58. This compares to earnings of $2.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20.25%. A quarter ago, it was expected that this photovoltaic products maker would post a loss of $1.47 per share when it actually produced a loss of $0.92, delivering a surprise of 37.41%.Over the last four qu ...

SolarEdge Technologies Non-GAAP gross margin* of (6.5%) First Quarter Financial Results | --- | --- | --- | --- | |-------------------------------------|---------|---------|---------| | USD in millions* | Q1 23 | Q4 23 | Q1 24 | | Revenues | 943.9 | 316.0 | 204.4 | | Gross margin | 31.8% | (17.9%) | (12.8%) | | Operating expenses | 156.0 | 181.2 | 147.5 | | Operating income (loss) | 144.2 | (237.6) | (173.7) | | Net income (loss) | 138.4 | (162.4) | (157.3) | | Net diluted income (loss) per share | 2.35 | ( ...