SolarEdge Technologies (SEDG) Tops Q2 EPS by 16c, Offers Q3 Guidance
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SolarEdge Announces Second Quarter 2021 Financial Results
August 2, 2021 4:05 PM EDTMILPITAS, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the second quarter ended June 30, 2021.
Second Quarter 2021 Highlights
Revenues of $480.1 million Revenues from solar segment of $431.5 million GAAP gross margin of 32.5% Non-GAAP gross margin of 33.9% Gross margin from solar segment of 37.4% GAAP net income of $45.1 million Non-GAAP net income of $72.5 million GAAP net diluted earnings per share (EPS) of $0.82 Non-GAAP net diluted... More