FBR Capital Downgrades SolarEdge Technologies (SEDG) to Market Perform; Sluggish U.S. Solar Market
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Needham & Company Cuts Price Target on SolarEdge Technologies (SEDG) Following 1Q and Guidance
November 10, 2016 8:20 AM ESTNeedham & Company maintained a Buy rating on SolarEdge Technologies (NASDAQ: SEDG), and cut the price target to $22.00 (from $25.00), following the company's 1Q earnings report. Revenues of $128.5MM missed the consensus of $132.5MM due to the market condition. NG EPS of $0.46 beat the Street's $0.41 estimate. Mid-point of revenue guidance of $110-$120MM... More
SolarEdge Technologies (SEDG) Tops Q1 EPS by 2c
November 9, 2016 4:07 PM ESTSolarEdge Technologies (NASDAQ: SEDG) reported Q1 EPS of $0.46, $0.02 better than the analyst estimate of $0.44. Revenue for the quarter came in at $128.5 million versus the consensus estimate of $132.28 million.
GUIDANCE:
SolarEdge Technologies sees Q2 2017 revenue of $110-120 million, versus the consensus of... More
