SolarEdge Technologies (SEDG) Tops Q2 EPS by 16c, Offers Q3 Guidance

August 2, 2021 4:13 PM EDT

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

SolarEdge Technologies (NASDAQ: SEDG) reported Q2 EPS of $1.28, $0.16 better than the analyst estimate of $1.12. Revenue for the quarter came in at $480.1 million versus the consensus estimate of $454.69 million.

GUIDANCE:

SolarEdge Technologies sees Q3 2021 revenue of $520-540 million, versus the consensus of $504.7 million.

  • Non-GAAP gross margin expected to be within the range of 32% to 34%
  • Revenues from solar segment to be within the range of $460 million to $480 million
  • Gross margin from solar segment expected to be within the range of 35% to 37%

For earnings history and earnings-related data on SolarEdge Technologies (SEDG) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot Earnings, Hot Guidance

Related Entities

Earnings