SolarEdge Reports Third-Quarter Revenue of $326.08 Million and EPS Loss of $0.14
Revenue fell 4.1% year over year and the net loss narrowed. Lower inverter and optimizer sales outweighed growth in batteries and accessories; lower direct costs, including tariff refunds and manufacturing tax credits, helped improve profitability.
SolarEdge’s third-quarter revenue declined 4.1% year over year, while its net loss narrowed. Lower inverter and optimizer sales outweighed growth in batteries and accessories; profitability improved mainly with lower direct costs, including tariff refunds and manufacturing tax credits.Financial Hig…