SolarEdge Technologies (SEDG) Misses Q4 EPS by 7c, Revenues Beat

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SolarEdge Announces Fourth Quarter and Full Year 2018 Financial Results

February 20, 2019 4:05 PM EST

FREMONT, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the fourth quarter and year ended December 31, 2018.

Fourth Quarter 2018 Highlights

Total revenues of $263.7 million GAAP gross margin of 30.2% GAAP net diluted EPS of $0.27 Non-GAAP net diluted EPS of $0.63 1.1 Gigawatts (AC) of inverters shipped Revenues from solar products of $243.4 million Non-GAAP gross margin from sale of solar products of 32.8%

Full Year 2018 Highlights... More