SolarEdge Technologies (SEDG) Tops Q3 EPS by 8c
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SolarEdge Announces Third Quarter 2021 Financial Results
November 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 third quarter ended September 30, 2021.
Third Quarter 2021 Highlights
Record revenues of $526.4 million Record revenues from solar segment of $476.8 million GAAP gross margin of 32.8% Non-GAAP gross margin of 34.0% Gross margin from solar segment of 36.6% GAAP net income of $53.0 million Non-GAAP net income of $82.1 million GAAP net diluted earnings per share (EPS) of $0.96 Non-GAAP net... More