SolarEdge Sizzles After Strong Q1 Earnings Beat

Seeking Alpha2023-05-04

SolarEdge Technologies (NASDAQ:SEDG) +8.7% post-market Wednesday after reporting better than expected Q1 adjusted earnings and revenues.Q1 GAAP net income surged to a record $138.4M, or $2.35/share, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2332667909?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-05-04 07:50","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2332667909","market":"us","top_or_hot":-1,"title":"SolarEdge Sizzles After Strong Q1 Earnings Beat","media":"Seeking Alpha","content":"<div>\n<p>SolarEdge Technologies (NASDAQ:SEDG) +8.7% post-market Wednesday after reporting better than expected Q1 adjusted earnings and revenues.Q1 GAAP net income surged to a record $138.4M, or $2.35/share, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3965037-solaredge-sizzles-after-strong-q1-earnings-beat\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SolarEdge Sizzles After Strong Q1 Earnings Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSolarEdge Sizzles After Strong Q1 Earnings Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-04 07:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3965037-solaredge-sizzles-after-strong-q1-earnings-beat><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SolarEdge Technologies (NASDAQ:SEDG) +8.7% post-market Wednesday after reporting better than expected Q1 adjusted earnings and revenues.Q1 GAAP net income surged to a record $138.4M, or $2.35/share, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3965037-solaredge-sizzles-after-strong-q1-earnings-beat\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://seekingalpha.com/news/3965037-solaredge-sizzles-after-strong-q1-earnings-beat","article_id":"2332667909","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2332667909","pubTimestamp":1683157842,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"SolarEdge Technologies (NASDAQ:SEDG) +8.7% post-market Wednesday after reporting better than expecte","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"SolarEdge在第一季度强劲盈利后炙手可热","themeId":"ec9f6f0df2b6498587e7f5318b2eff2b","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"SolarEdge Technologies (NASDAQ:SEDG) +8.7% post-market Wednesday after reporting better than expected Q1 adjusted earnings and revenues.Q1 GAAP net income surged to a record $138.4M, or $2.35/share, compared with $20.8M, or $0.36/share, reported in Q4 2022 and $33.1M, or $0.60/share, in the same quarter last year.Q1 revenues reached a record $943.9M, up 6% Q/Q and up 44% Y/Y, with solar segment revenues rising to a record $908.5M, up 9% Q/Q and 49% Y/Y.Q1 GAAP gross margin jumped to 31.8% from 29.3% in the Q4 2022 and 27.3% in the year-earlier quarter; solar segment gross margin rose to 35% from 32.4% in Q4 and 30.2% in the same quarter last year.SolarEdge (SEDG) also issued Q2 guidance for revenues of $970M-$1.01B, including solar segment revenues of $930M-$980M, and solar segment gross margin of 34%-37%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2332667909"}