SolarEdge Shares Up Nearly 10% After Company Reports Record 3Q Revenue

Dow Jones2022-11-08

SolarEdge Technologies Inc. shares were higher after-hours Monday, following the company's announcement of record revenues in the third-quarter.

After the bell, the smart energy technology company reported third-quarter earnings per share of 43 cents on revenue of $836.7 million. The company also said it recorded record revenue of $788.6 million in its solar segment.

In the year-ago period, the company reported earnings per share of $1.01 on revenue of $526.4 million.

For the fourth quarter, the company said it is expecting revenues in a range of $855 million to $885 million and revenues from the solar segment in a range of $810 million to $840 million.

At 7:11 p.m. ET, the company's shares were up 9.8% at $232.1 each.

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Comments

保升龙
2022-11-08
保升龙
Ok
TaiWoeiHaur
2022-11-08
TaiWoeiHaur
Good morning
AlanChong
2022-11-08
AlanChong
Like
- ElvisLHS:
  liked liao
SGboy
2022-11-08
SGboy
Thanks for sharing

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