SolarEdge Technologies (SEDG) Tops Q1 EPS by 7c; Guides Q2 Revs Above the Street

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Go back to SolarEdge Technologies (SEDG) Tops Q1 EPS by 7c; Guides Q2 Revs Above the Street

SolarEdge Announces First Quarter 2018 Financial Results

May 9, 2018 4:10 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 first quarter ended March 31, 2018.

First Quarter 2018 Highlights

Total revenues of $209.9 million GAAP gross margin of 37.9% GAAP net diluted EPS of $0.75 Non-GAAP net diluted EPS of $0.87 800 Megawatts (AC) of inverters shipped

We are pleased to announce strong first quarter results with record revenues and... More