SolarEdge Technologies (SEDG) Tops Q2 EPS by 16c, Offers Q3 Guidance

SolarEdge Technologies (NASDAQ: SEDG) reported Q2 EPS of $1.28, $0.16 better than the analyst estimate of $1.12. Revenue for the quarter came in at $480.1 million versus the consensus estimate of $454.69 million.

GUIDANCE:

SolarEdge Technologies sees Q3 2021 revenue of $520-540 million, versus the consensus of $504.7 million.

• Non-GAAP gross margin expected to be within the range of 32% to 34%
• Revenues from solar segment to be within the range of $460 million to $480 million
• Gross margin from solar segment expected to be within the range of 35% to 37%

For earnings history and earnings-related data on SolarEdge Technologies (SEDG) click here.

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