SolarEdge Technologies (NASDAQ:SEDG) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
SolarEdge Technologies missed estimated earnings by 31.65%, reporting an EPS of $0.95 versus an estimate of $1.39.
Revenue was up $247.72 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07 which was followed by a 2.88% increase in the share price the next day.
Here’s a look at SolarEdge Technologies’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.27 | 1.31 | 1.36 | 1.12 |
| EPS Actual | 1.20 | 1.10 | 1.45 | 1.28 |
| Revenue Estimate | 636.02M | 549.35M | 529.99M | 454.69M |
| Revenue Actual | 655.08M | 551.91M | 526.40M | 480.06M |
To track all earnings releases for SolarEdge Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
