SolarEdge Technologies Inc earnings missed by $13.68, revenue fell short of estimates

Investing.com – SolarEdge Technologies Inc (NASDAQ: SEDG) reported third quarter EPS of $-15.33, $13.68 worse than the analyst estimate of $-1.65. Revenue for the quarter came in at $260.9M versus the consensus estimate of $272.8M.

Guidance

SolarEdge Technologies Inc sees Q4 2024 revenue of $180.00M-$200.00M versus the analyst consensus of $309.20M.

SolarEdge Technologies Inc’s stock price closed at $14.68. It is down -30.75% in the last 3 months and down -79.94% in the last 12 months.

SolarEdge Technologies Inc saw 0 positive EPS revisions and 23 negative EPS revisions in the last 90 days. See SolarEdge Technologies Inc’s stock price’s past reactions to earnings here.

According to InvestingPro, SolarEdge Technologies Inc’s Financial Health score is “fair performance”.

Check out SolarEdge Technologies Inc’s recent earnings performance, and SolarEdge Technologies Inc’s financials here.

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