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Zvi Lando, chief executive officer of SolarEdge, stepped down, effective today, but will remain on the board of the solar-equipment maker.
SolarEdge Technologies is thriving amidst supply chain disruptions through government support and a growing customer base. The company is well-positioned to benefit from the intention to cut interest rates, resulting in affordable borrowing costs. SolarEdge is recovering from fierce competition, with a positive earnings review and valuation, making it a good investment option.
SolarEdge Technologies, Inc. (NASDAQ:SEDG ) Canaccord Genuity's 44th Annual Growth Result Conference August 13, 2024 4:00 PM ET Company Participants J.B. Lowe - Head of Investor Relations Conference Call Participants Austin Moeller - Canaccord Austin Moeller Hi, good afternoon, everyone.
The residential solar market is recovering, but SolarEdge isn't seeing the benefit.
SolarEdge Technologies' (SEDG) second-quarter loss widens. Its revenues decline 73.2% year over year, driven by lower revenues from its solar segment.
Call Start: 16:30 January 1, 0000 5:58 PM ET SolarEdge Technologies, Inc. (NASDAQ:SEDG ) Q2 2024 Earnings Conference Call August 7, 2024 16:30 ET Company Participants J.B. Lowe - Head of Investor Relations Zvi Lando - Chief Executive Officer Ronen Faier - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Brian Lee - Goldman Sachs Mark Strouse - JPMorgan Colin Rusch - Oppenheimer Andrew Percoco - Morgan Stanley Dimple Gosai - Bank of America Jordan Levy - Truist Securities Corinne Blanchard - Deutsche Bank Dylan Nassano - Wolfe Research Chris Dendrinos - RBC Capital Markets Christine Cho - Barclays Kashy Harrison - Piper Sandler Jon Windham - UBS Joseph Osha - Guggenheim Partners Julien Dumoulin-Smith - Jefferies Andrew Steinhardt - Canaccord Austin Moeller - Canaccord Operator Hello and welcome to the SolarEdge Conference Call for the Second Quarter ended June 30, 2024.
SolarEdge Technologies (SEDG) came out with a quarterly loss of $1.79 per share versus the Zacks Consensus Estimate of a loss of $1.60. This compares to earnings of $2.62 per share a year ago.
SolarEdge (SEDG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
24/7 Wall St. Insights Analysts have not given up on tech stocks.
SolarEdge Technologies (SEDG) closed at $27.01 in the latest trading session, marking a +0.75% move from the prior day.