SolarEdge Announces Second Quarter 2020 Financial Results

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Go back to SolarEdge Announces Second Quarter 2020 Financial Results

SolarEdge Technologies (SEDG) PT Raised to $209 at Cowen

August 4, 2020 7:46 AM EDT

Cowen analyst Jeffrey Osborne raised the price target on SolarEdge Technologies (NASDAQ: SEDG) to $209.00 (from $189.00) while maintaining an Outperform rating.

The analyst commented, "SolarEdge delivered strong top line results in Europe which led to 2Q sales coming in at the high end of... More

SolarEdge Technologies (SEDG) Tops Q2 EPS by 1c

August 3, 2020 4:10 PM EDT

SolarEdge Technologies (NASDAQ: SEDG) reported Q2 EPS of $0.70, $0.01 better than the analyst estimate of $0.69. Revenue for the quarter came in at $331.9 million versus the consensus estimate of $319.42 million.

This quarter, despite the challenges caused by COVID 19, we maintained healthy profitability while generating cash... More