Why Is Nextracker Stock Seeing Blue Skies Premarket Wednesday?
Nextracker shares up on better-than-expected Q4 results. Revenue rose 42%, adjusted EBITDA up to $159.6M, and backlog of $4B.
SolarEdge’s Q1 Results Cast Shadow With Revenue Decline, But CEO Remains Optimistic
SolarEdge Technologies, Inc. (NASDAQ: SEDG) announced its first quarter FY24 results, with revenues of $204.4 million and a net loss of $(1.90) per share. The company also repurchased shares and expects improvement in revenues as installations increase and new products are released.