SolarEdge Technologies Q4 Loss Wider Than Expected, Revenues Down Y/Y

SolarEdge Technologies, Inc. (SEDG) reported a fourth-quarter 2024 adjusted loss of $3.52 per share, wider than the Zacks Consensus Estimate of a loss of$1.57. The bottom line also deteriorated from the prior-year quarter’s loss of 92 cents per share.See the Zacks Earnings Calendar to stay ahead of market-making news.Barring one-time adjustments, the company incurred a GAAP loss of $5 per share compared with a GAAP loss of$2.85 in the year-ago period.The year-over-year deterioration in the bottom line can ...