SolarEdge Technologies (SEDG) Misses Q4 EPS, Revs Beat; Guides Q1 Revenues Above the Street

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Go back to SolarEdge Technologies (SEDG) Misses Q4 EPS, Revs Beat; Guides Q1 Revenues Above the Street

SolarEdge Announces Fourth Quarter and Full Year 2021 Financial Results

February 15, 2022 4:05 PM EST

MILPITAS, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the fourth quarter and full year ended December 31, 2021.

Fourth Quarter 2021 Highlights

Record revenues of $551.9 million Record revenues from solar segment of $502.7 million GAAP gross margin of 29.1% Non-GAAP gross margin of 30.3% Gross margin from solar segment of 32.8% GAAP net income of $41.0 million Non-GAAP net income of $62.8 million GAAP net diluted earnings per share (EPS) of $0.74 Non-GAAP net diluted EPS... More