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

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

SolarEdge Announces Second Quarter 2017 Financial Results

August 2, 2017 4:05 PM EDT

FREMONT, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in PV inverters, power optimizers, and module-level monitoring services, today announced its financial results for the second quarter 2017 ended June 30, 2017.

Second Quarter 2017 Highlights

Record revenues for the quarter of $136.1 million GAAP gross margin for the quarter of 34.6% GAAP operating income for the quarter of $19.1 million GAAP net income for the quarter of $22.5 million Non-GAAP net income for the quarter of $25.8 million... More