💨 Abstract

In the second quarter, SolarEdge Technologies, based in Herziliya Pituach, Israel, reported a net loss of $124.7 million, or $2.13 per share. Adjusted losses were 81 cents per share, better than analysts' expectations of an 82 cents loss. Its revenue of $289.4 million also exceeded forecasts of $273.7 million.

Courtesy: WTOP Staff