SolarEdge Technologies shares are trading lower after the company reported a year-over-year decrease in Q3 adjusted EPS and worse-than-expected Q3 sales results.
Portfolio Pulse from Benzinga Newsdesk
SolarEdge Technologies reported a year-over-year decrease in Q3 adjusted EPS and worse-than-expected Q3 sales results, leading to a drop in its share price.
November 01, 2023 | 8:49 pm
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SolarEdge Technologies' Q3 results were below expectations, with a decrease in adjusted EPS and lower sales, causing a drop in its share price.
SolarEdge Technologies reported worse-than-expected Q3 results, including a year-over-year decrease in adjusted EPS and lower sales. This negative financial performance is likely to have a direct impact on the company's stock price, leading to its decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100