SolarEdge Earnings Miss Estimates, Revenue Beats Expectations

SolarEdge Earnings Miss Estimates, Revenue Beats Expectations

SolarEdge Technologies Inc recently released its earnings report, showcasing a mixed bag of financial results for the second quarter. The company reported an EPS (Earnings Per Share) of $-1.79, which missed analyst estimates by $0.27, as the consensus was $-1.52. However, on the brighter side, revenue for the quarter was recorded at $265.4 million, slightly above the analyst expectations of $264.31 million.