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Market Impact: 0.35

SolarEdge Technologies (SEDG) Reports Q1 Loss, Beats Revenue Estimates

SEDG
Corporate EarningsAnalyst EstimatesCompany Fundamentals

SolarEdge Technologies reported a quarterly loss of $0.43 per share, wider than the Zacks Consensus Estimate loss of $0.23. The result was still an improvement from a loss of $1.14 per share a year ago, but the current-quarter miss is likely to pressure sentiment around the stock. The print is primarily an earnings update with modest individual-stock impact.

Analysis

SolarEdge Technologies reported a quarterly loss of $0.43 per share, wider than the Zacks Consensus Estimate loss of $0.23. The result was still an improvement from a loss of $1.14 per share a year ago, but the current-quarter miss is likely to pressure sentiment around the stock. The print is primarily an earnings update with modest individual-stock impact.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35

Ticker Sentiment

SEDG-0.55