SolarEdge Technologies, Inc. (SEDG), Wednesday announced third-quarter financial results, reporting a loss of $50.1 million or $0.84 a share compared to $1,231 million or $21.58 a share last year.
On adjusted basis, loss totaled $18.3 million or $0.31 a share compared to a loss of $899.7 million or $15.78 a share in the previous year.
Analysts, on average, expected a loss of $0.42 a share for the quarter.
Revenues increased to $340.2 million from last year's $235.4 million.
The company anticipates revenues of $310 million to $340 million for the fourth quarter.
Analysts, on average, see revenues of $343.27 million for the next quarter.
Currently, SEDG is climbing 8.69 percent to $34.65 on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.