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SolarEdge Announces Fourth Quarter and Full Year 2018 Financial Results

Feb 20, 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 fourth quarter and year ended December 31, 2018.

Fourth Quarter 2018 Highlights

Total revenues of $263.7 millionGAAP gross margin of 30.2%GAAP net diluted EPS of $0.27Non-GAAP net diluted EPS of $0.631.1 Gigawatts (AC) of inverters shippedRevenues from solar products of $243.4 millionNon-GAAP gross margin from sale of solar products of 32.8%