MILPITAS, Calif. - SolarEdge Technologies, Inc. (NASDAQ: SEDG), a smart energy technology company, reported fourth-quarter 2024 financial results that showed a wider-than-expected loss but beat revenue estimates. The company's stock was unchanged in response to the results.
The fourth quarter results included a $138 million write-down and impairment of various assets, impacting both GAAP and non-GAAP financials. Despite this, SolarEdge reported positive free cash flow of $25.5 million for the quarter, compared to a deficit of $136.7 million in the prior year.
For the first quarter of 2025, SolarEdge expects revenue to be between $195 million and $215 million, compared to the analyst consensus of $207.9 million. The company also anticipates a non-GAAP gross margin of 6% to 10% and non-GAAP operating expenses between $98 million and $103 million.
The return to positive free cash flow generation in Q4 is a solid first step, and we expect to be free cash flow positive in Q1 2025 and for the full year 2025." For the first quarter of 2025, SolarEdge expects revenue to be between $195 million and $215 million, compared to the analyst consensus of $207.9 million.
The sell-through demand for our products in the United States increased 21% in the fourth quarter of 2025, compared to the third quarter of 2025, and was at our highest level in more than two
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SolarEdge Technologies, a global leader in smart energy technology, today announced its financial results for the fourth quarter ended December 31, 2024 and full year ended December
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The Investor Relations website contains information about SolarEdge Technologies, Inc.''s business for stockholders, potential investors, and financial analysts.
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Revenues from the solar segment of $842.4 million, compared to from $2.82 billion in the prior year. The Company shipped 3,563 MW (AC) of inverters and 576 MWh of batteries for PV
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SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy technology, will report financial results for the fourth quarter and the full year ended December 31,
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SolarEdge Announces Fourth Quarter and Full Year 2024 Financial Results MILPITAS, Calif. – Feb. 19, 2025 – SolarEdge Technologies, a global leader in smart energy technology, today
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The company shipped 895 MW (AC) of inverters and 130 MWh of batteries for PV applications during the quarter. SolarEdge''s solar segment revenue was $189.0 million, down 15%
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Enphase Energy, the world''s largest solar microinverter supplier, has said that its fourth-quarter 2024 revenues slightly exceeded Wall Street expectations. The United States-based
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02/19/2025 - 07:00 AM MILPITAS, Calif. -- (BUSINESS WIRE)-- SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the
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