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Interesting Stocks To Watch On Aug. 7 (SEDG, CARG, EVRI, MODN)

What makes these stocks interesting?

SolarEdge Technologies Inc. (SEDG)

* Q2 GAAP net income was $33.1 mln or $0.66/Shr versus $34.6 mln or $0.72/Shr last year.
* Q2 non-GAAP net income was $49.3 mln or $0.94/Shr versus $32.9 mln or $0.64/Shr last year; Consensus - $0.83/Shr.
* Q2 revenues grew 43% to $325.0 mln from $227.1 mln last year.

Q3 Guidance:

* Sees Q3 revenues in a range of $395 mln - $410 mln; Consensus - $324.37 mln.

**

CarGurus Inc. (CARG)

* Q2 GAAP net income was $6.0 mln or $0.05/Shr versus $33.3 mln or $0.29/Shr last year.
* Q2 non-GAAP net income was $10.9 mln or $0.10/Shr versus $8.9 mln or $0.08/Shr prior year; Consensus - $0.07/Shr.
* Q2 total revenue rose 31% to $145.0 mln from $110.3 mln last year; Consensus - $140.64 mln.

Q3 Outlook:

* Expects Q3 total revenue of $145.5 mln - $148.5 mln; Consensus - $146.95 mln.
* Projects Q3 non-GAAP EPS in a range of $0.08 - $0.10; Consensus - $0.10/Shr.

FY19 Outlook:

* Expects FY19 total revenue to range between $576.5 mln and $582.5 mln; Consensus - $577.64 mln.
* Sees FY19 non-GAAP EPS of $0.42 - $0.45; Consensus - $0.41/Shr.

**

Everi Holdings Inc. (EVRI)

* Q2 net income was $5.5 mln or $0.07/Shr versus $1.5 mln or $0.02/Shr last year; Consensus - $0.06/Shr.
* Q2 revenues rose to $129.7 mln from $118.7 mln last year; Consensus - $127.89 mln.

Everi President and CEO, Michael Rumbolz, said: "Our focus on product innovation across both Games and FinTech, a commitment to excellence in customer service, and our continued prudent fiscal management once again helped drive record quarterly operating results. We generated our twelfth consecutive quarter of year over year revenue and Adjusted EBITDA growth, and our sixth consecutive quarter of positive net income..."

**

Model N Inc. (MODN)
* Q3 GAAP net loss was $3.0 mln or $0.09/Shr versus loss $15.4 mln or $0.50/Shr last year.
* Q3 non-GAAP net income was $2.1 mln or $0.06/Shr versus loss $2.0 mln or $0.07/Shr last year; Consensus - $0.01/Shr.
* Q3 total revenues were $34.7 mln versus $39.6 mln last year; Consensus - $34.14 mln.

Q4 Guidance:

* Expects Q4 total GAAP revenue in the range of $35.5 mln - $35.9 mln; Consensus - $35.42 mln.
* Sees Q4 non-GAAP EPS of $0.06 - $0.10; Consensus - $0.07/Shr.

FY19 Guidance:

* Projects FY19 total GAAP revenue of $140.1 mln - $140.5 mln; Consensus - $139.5 mln.
* Expects FY19 non-GAAP EPS of $0.16 - $0.20; Consensus - $0.13/Shr.

***

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