3 Takeaways from SolarEdge's Earnings Report
After nearly tripling in value in 2020, shares of solar inverter manufacturer SolarEdge Technologies (NASDAQ: SEDG) were hammered after it announced earnings last week. However, the company actually met its guidance for the third quarter, and its gross margins actually improved. Did the market overreact? Or is there more than meets the eye to this story?
SolarEdge is getting into e-mobility and storage. Image credit: Getty Images.
During its second-quarter 2020 earnings call, the company set the following expectations for the quarter ahead:
Source Fool.com
