SolarEdge Announces First Quarter 2019 Financial Results

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Go back to SolarEdge Announces First Quarter 2019 Financial Results

SolarEdge Technologies (SEDG) PT Raised to $65 at Cowen

May 7, 2019 6:37 AM EDT

Cowen analyst Jeffrey Osborne raised the price target on SolarEdge Technologies (NASDAQ: SEDG) to $65.00 (from $52.00) while maintaining a Outperform rating.

The analyst commented, "The strong 1Q print and guidance for both revenue and GMs impressed, and likely refuted recent bear thesis around share... More

SolarEdge Technologies (SEDG) Tops Q1 EPS by 4c, Q2 Rev. Guidance Beats

May 6, 2019 4:37 PM EDT

SolarEdge Technologies (NASDAQ: SEDG) reported Q1 EPS of $0.64, $0.04 better than the analyst estimate of $0.60. Revenue for the quarter came in at $271.9 million versus the consensus estimate of $266.38 million.

GUIDANCE:

SolarEdge Technologies sees Q2 2019 revenue of $310-320 million, versus the... More