Solaredge Technologies Inc

Quantli Newsdesk

· a day ago

SolarEdge Technologies reported Q2 revenue of $346.2 million, up nearly 20% year-over-year, and returned to non-GAAP operating profitability with a $0.05 per share profit. However, the company guided Q3 revenue to $310-340 million, significantly below Wall Street's $365 million estimate, citing weakness in Europe and continued softness in U.S. residential solar.