SolarEdge: Q4 Revenue Beats, EPS Misses
SolarEdge Technologies (NASDAQ:SEDG), a leader in DC-optimized inverter solutions, reported mixed fourth-quarter 2024 earnings on Wednesday, Feb. 19. Q4 revenue of $196.2 million topped the analysts' consensus estimate of $189 million. However, adjusted EPS heavily underperformed, coming in at a loss of $3.52, far worse than the anticipated $1.50 per share loss.
The quarter presented a mixed bag, as revenue met expectations but profitability metrics like gross margins and EPS reflected ongoing financial challenges.
Source: SolarEdge Technologies. * Net cash provided by (used in) operating activities. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.
Source Fool.com
