SEDG - SolarEdge Stock Plummets After Mixed Q4 Results | Benzinga
SolarEdge Technologies, Inc. (NASDAQ:SEDG) reported its fourth-quarter financial results after the bell Tuesday. Here's a look at the highlights.
The Details:
SolarEdge Technologies reported quarterly losses of 92 cents per share which beat the analyst consensus estimate of losses of $1.33 by 30.83%.
The company reported quarterly sales of $316 million, missing the analyst consensus estimate of $323.3 million by 2.26% and representing a 64.52% decrease over sales of $890.7 million from the same period last year.
“Despite the challenges we faced in the second half of 2023, we ...