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SolarEdge Announces First Quarter 2019 Financial Results

May 06, 2019 - Business Wire
Mergers and Acquisitions-Financial Results

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the first quarter ended March 31, 2019.

First Quarter 2019 Highlights

Record revenues of $271.9 millionRecord revenues from solar products of $253.1 millionGAAP gross margin of 31.7%Non-GAAP gross margin from sale of solar products of 34.3%GAAP net diluted EPS of $0.39Non-GAAP net diluted EPS of $0.641.1 Gigawatts (AC) of inverters shipped

"We opene...