SolarEdge Technologies (SEDG) Tops Q3 EPS by 4c, Revenues Beat; FY18 Revenue Outlook Above Consensus

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Go back to SolarEdge Technologies (SEDG) Tops Q3 EPS by 4c, Revenues Beat; FY18 Revenue Outlook Above Consensus

SolarEdge Announces Third Quarter 2018 Financial Results

November 1, 2018 4:05 PM EDT

FREMONT, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018.

Third Quarter 2018 Highlights

Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95 Non-GAAP net diluted EPS of $0.86 1,083 Megawatts (AC) of inverters shipped

This quarter we continued to grow our revenues and market share, said Guy... More