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

SolarEdge Technologies (SEDG) came out with a quarterly loss of $1.90 per share versus the Zacks Consensus Estimate of a loss of$ 1.58. This compares to earnings of $2.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20.25%. A quarter ago, it was expected that this photovoltaic products maker would post a loss of$ 1.47 per share when it actually produced a loss of $0.92, delivering a surprise of 37.41%.Over the last four qu ...