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

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

SolarEdge Announces First Quarter 2019 Financial Results

May 6, 2019 4:06 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 first quarter ended March 31, 2019.

First Quarter 2019 Highlights

Record revenues of $271.9 million Record revenues from solar products of $253.1 million GAAP gross margin of 31.7% Non-GAAP gross margin from sale of solar products of 34.3% GAAP net diluted EPS of $0.39 Non-GAAP net diluted EPS of $0.64... More