SolarEdge(SEDG)
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SolarEdge(SEDG) - 2023 Q4 - Earnings Call Transcript
2024-02-21 03:13
SolarEdge Technologies, Inc. (NASDAQ:SEDG) Q4 2023 Earnings Call Transcript February 20, 2024 4:30 PM ET Company Participants JB Lowe - Head of IR Zvi Lando - CEO Ronen Faier - CFO Conference Call Participants Andrew Percoco - Morgan Stanley Philip Shen - ROTH MKM Brian Lee - Goldman Sachs Kashy Harrison - Piper Sandler Mark Strouse - JPMorgan Colin Rusch - Oppenheimer Christine Cho - Barclays Cameron Lochridge - Bank of America Corinne Blanchard - Deutsche Bank Joseph Osha - Guggenheim Partners Tristan Ric ...
SolarEdge (SEDG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-21 01:01
For the quarter ended December 2023, SolarEdge Technologies (SEDG) reported revenue of $316.04 million, down 64.5% over the same period last year. EPS came in at -$0.92, compared to $2.86 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $319.97 million, representing a surprise of -1.23%. The company delivered an EPS surprise of +37.41%, with the consensus EPS estimate being -$1.47.While investors closely watch year-over-year changes in headline numbers -- revenue and ...
SolarEdge(SEDG) - 2023 Q4 - Earnings Call Presentation
2024-02-20 22:33
solar adge SolarEdge Technologies Nasdaq l SEDG 6.6 MW, Gound mount, Windach, Germany Installed by Feneco Safe Harbor Use of Forward-Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information, among other things, concerning: our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; tech ...
SolarEdge's stock plummets 14% as company becomes latest poster child for solar industry's problems
Market Watch· 2024-02-20 22:01
Shares of SolarEdge Technologies Inc. dropped more than 14% in the extended session Tuesday after the maker of inverters and other solar-power equipment reported quarterly sales that fell more than 60% and guided for even lower sales, the latest reminder of the ongoing downdraft for the solar industry. Lower demand amid high interest rates and regulatory changes in California, as well as rising inventories, have pummeled solar-power and related industries, and SolarEdge just last month embarked on a cos ...
SolarEdge tumbles 18% on weak first quarter guidance
CNBC· 2024-02-20 21:28
A SolarEdge Technologies logo is seen on a smartphone and a PC.SolarEdge's stock plummeted Tuesday after the company gave weak guidance for the first quarter. SolarEdge expects revenues of $175 million to $215 million for the quarter, well below Wall Street's expectations of $406 million. Here's what SolarEdge reported for the fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Loss per share: 92 cents adjusted, vs. $1.17 expected.R ...
第一季度指引远低于市场预期;出货不足;美国/欧洲的商业太阳能前景相对乐观,但住宅太阳能的前景堪忧
海通国际· 2024-02-20 16:00
SolarEdge Technologies (SEDG US) [Table_yemei1] 热点速评 Flash Analysis 21 Feb 2024 Scott Darling Axel Leven [事件Table_summary] 点评 欧洲住宅太阳能可能在第一季度触底: 该公司预计欧洲的住宅太阳能市场将会好转,住宅安装将在第一季度触底, 商业市场将更加乐观。该公司表示,对于荷兰等国家太阳能市场是否能恢复到 2022 年的水平还有待观察。该公司 预计,在利率下降之前,美国住宅太阳能市场的动态不会发生变化。该公司预计今年太阳能装置将逐步改善,尽 管欧洲的商业太阳能装置比住宅太阳能装置更强劲。在美国,该公司对商业项目"相对乐观",但对住宅项目 "短期内不太乐观"。 股票回购将于第一季度开始: 公司计划在第一季度回购 3 亿股股票,但预计将于第一季度开始,股票回购将有分寸 地进行。 风险提示:1. 太阳能光伏系统需求下降,2.供应链风险,3.市场竞争风险,4.执行风险,5.客户采用风险 [Table_header1]SolarEdge Technologies (SEDG US) | --- | -- ...
SolarEdge (SEDG) Installs Newly Certified 330kW Inverter in US
Zacks Investment Research· 2024-02-19 17:36
SolarEdge Technologies Inc. (SEDG) recently installed its new high-power Direct Current (DC)-optimized 330 kilowatt (kW) inverter system for the first time in the United States. This inverter system, which comes with a UL1741-SB certification, can be deployed in both community and ground-mount solar projects.Details of the ProjectThe first commissioned DC-optimized SolarEdge 330-kW inverter system in the United States is a 1 megawatt (MW) ground-mount solar system, which SEDG installed on a site owned by th ...
SolarEdge (SEDG) to Post Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-02-16 15:35
SolarEdge Technologies, Inc. (SEDG) is scheduled to report fourth-quarter and full-year 2023 results on Feb 20, after the closing bell.In the last reported quarter, the company delivered a negative earnings surprise of 180.88%. SolarEdge has a trailing four-quarter average earnings surprise of 13.23%.Factors to NoteSolarEdge started to witness slow market demand in the third quarter of 2023, which, along with financial challenges faced by its distributors, resulted in a large number of order cancellations f ...
SolarEdge Announces First U.S. Installation of Newly UL1741 Certified Optimized Ground-Mount 330kW Inverter in California
Businesswire· 2024-02-14 12:30
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, today announced that its new high-power DC-optimized SolarEdge 330kW Inverter system for community and ground mount solar has received UL1741-SB certification and is now deployed with its first customer in the U.S. The first commissioned DC-optimized SolarEdge 330kW Inverter system in the U.S. is a 1MW ground mount solar system that was recently installed in Northern C ...
Earnings Preview: SolarEdge Technologies (SEDG) Q4 Earnings Expected to Decline
Zacks Investment Research· 2024-02-13 16:06
Wall Street expects a year-over-year decline in earnings on lower revenues when SolarEdge Technologies (SEDG) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 20, 2024, might help the stock move higher if these key numbers are be ...