SolarEdge Q4 Earnings Miss Estimates

HERZILIYA PITUACH, Israel - SolarEdge Technologies Inc. (SEDG) reported a net loss of $287.4 million in its fourth quarter, missing Wall Street expectations. Earnings per share (EPS) were -$5.00, while the consensus estimate was -$1.57.

Adjusted for one-time items, EPS came in at -$3.52. Revenue for the period was $196.2 million, surpassing analyst forecasts of $186.3 million.

For the full year, SolarEdge reported a net loss of $1.81 billion, or -$31.64 EPS. Revenue for the year was $901.5 million.

For the current quarter, SolarEdge expects revenue between $195 million and $215 million.