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SolarEdge Technologies Q1 EPS $0.950 Misses $1.250 Estimate, Sales $431.218M Beat $420.350M Estimate

SolarEdge Technologies (NASDAQ:SEDG) reported quarterly earnings of $0.950 per share which missed the analyst consensus estimate of $1.250 by 24 percent. This is a 48.44 percent increase over earnings of $0.640 per share

Benzinga · 05/06/2020 20:47

SolarEdge Technologies (NASDAQ:SEDG) reported quarterly earnings of $0.950 per share which missed the analyst consensus estimate of $1.250 by 24 percent. This is a 48.44 percent increase over earnings of $0.640 per share from the same period last year. The company reported quarterly sales of $431.218 million which beat the analyst consensus estimate of $420.350 million by 2.59 percent. This is a 58.61 percent increase over sales of $271.871 million the same period last year.