SolarEdge Technologies (SEDG) Tops Q4 EPS by 40c; Guides Above
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
SolarEdge Announces Fourth Quarter and Full Year 2019 Financial Results
February 19, 2020 4:05 PM ESTFREMONT, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy, today announced its financial results for the fourth quarter and year ended December 31, 2019.
Fourth Quarter 2019 Highlights
Record revenues of $418.2 million Record revenues from solar products of $389.0 million GAAP gross margin of 34.3% GAAP gross margin from sale of solar products of 37.3% Non-GAAP gross margin from sale of solar products of 37.8% Record GAAP net income of $52.8 million Record Non-GAAP net income of $87.4 million Record GAAP net... More