SolarEdge Technologies (SEDG) Tops Q2 EPS by 8c, Q3 Guidance Tops Views

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Go back to SolarEdge Technologies (SEDG) Tops Q2 EPS by 8c, Q3 Guidance Tops Views

SolarEdge Announces Fiscal Second Quarter Financial Results

February 3, 2016 4:01 PM EST

FREMONT, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (NASDAQ: SEDG) today announced its financial results for the fiscal second quarter ended December 31, 2015.

Fiscal Second Quarter 2016 Highlights

Record revenue of $124.8 million, up 8.5% from last quarter and 70.3% year-over-year GAAP gross margin of 30.9% GAAP net income of $24.1 million Non-GAAP net income of $19.8 million 416 Megawatts (AC) of inverters shipped

Execution of our strategy and related business plan has resulted in another... More