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SolarEdge reports Q3 EPS ($3.52), consensus ($1.66)

SolarEdge reports Q3 EPS ($3.52), consensus  ($1.66)

Reports Q3 revenue $196.217M, consensus $189.23M.As of December 31, cash, cash equivalents, restricted cash, bank deposits, restricted bank deposits and marketable securities totaled $81.8M , net of debt, compared to $51.3M as of September 30 … “There are exciting opportunities ahead for SolarEdge (SEDG),” said Shuki Nir, CEO of SolarEdge. “We are just getting started on our turnaround story. The return to positive free cash flow generation in Q4 is a solid first step, and we expect to be free cash flow positive in Q1 2025 and for the full year 2025.”

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