SolarEdge Technologies (SEDG) Reports Q3 Loss, Misses Revenue Estimates
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SolarEdge Technologies (SEDG) reported a significant quarterly loss of $15.33 per share, missing the Zacks Consensus Estimate of a $1.55 loss. This is a substantial increase from the $0.55 loss per share a year ago.
November 06, 2024 | 11:30 pm
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SolarEdge Technologies reported a Q3 loss of $15.33 per share, significantly missing the Zacks Consensus Estimate of a $1.55 loss. This marks a substantial increase from the $0.55 loss per share a year ago.
The significant miss on earnings estimates and the large increase in loss per share compared to the previous year are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100