SolarEdge Announces Third Quarter 2020 Financial Results

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Northland Capital Markets Downgrades SolarEdge Technologies (SEDG) to Underperform

November 3, 2020 6:49 AM EST

Northland Capital Markets analyst Gus Richard downgraded SolarEdge Technologies (NASDAQ: SEDG) from Market Perform to Underperform with a price target of $195.00.

The analyst commented, "On an operating basis SEDG missed our non-GAAP EPS estimate by $0.04 and consensus by $0.02. A non-cash... More

SolarEdge Technologies (SEDG) Tops Q3 EPS by 39c; Q4 Rev Guidance Below Consensus

November 2, 2020 4:08 PM EST

SolarEdge Technologies (NASDAQ: SEDG) reported Q3 EPS of $1.21, $0.39 better than the analyst estimate of $0.82. Revenue for the quarter came in at $338.1 million versus the consensus estimate of $342.33 million.

Our third quarter results reflect significant growth in Europe, despite the current economic slowdown... More