SolarEdge Announces Second Quarter 2017 Financial Results

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SolarEdge Technologies (SEDG) PT Raised to $31 at Cowen Following 2Q Beat

August 3, 2017 8:05 AM EDT

Cowen raised its price target on SolarEdge Technologies (NASDAQ: SEDG) to $31.00 (from $24.00) while maintaining a Outperform rating. SolarEdge reported 2Q revenue of $136.1mn compared to consensus estimates of $125.0mn. Adjusted Non-GAAP EPS came in at $0.55, above the consensus forecast of $0.38.

Analyst Jeffrey Osborne... More

SolarEdge Technologies (SEDG) Tops Q2 EPS by 18c, Q3 Revenue Guidance Beats

August 2, 2017 4:16 PM EDT

SolarEdge Technologies (NASDAQ: SEDG) reported Q2 EPS of $0.55, $0.18 better than the analyst estimate of $0.37. Revenue for the quarter came in at $136.1 million versus the consensus estimate of $125.07 million.

GUIDANCE:

SolarEdge Technologies sees Q3 2017 revenue of $155-165 million, versus the consensus of... More