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SolarEdge Profit Lags Expectations Author: Shares of SolarEdge Technologies  ( SEDG) - Get Report fell in after-hours trading Monday, after the solar panel maker reported weaker-than-expected profit for the first quarter. Net income registered $30.08 million, or 55 cents a share, down from $42.25 million, or 81 cents a share, a year ago. The FactSet analyst consensus called for 66 cents a share in the latest quarter. Adjusted profit totaled 98 cents a share, up from 95 cents but lagging analysts’ estimate of $1.01. Revenue beat expectations, totaling $405.49 million in the latest quarter, down 6% from $431.22 million last year. The analyst consensus called for $395.4 million in the latest quarter. SolarEdge recently traded at $255.55, down 1.73%, and has fallen3% over the past six months on valuation concerns.

United statesBiju perincherilZvi landoSolaredge technologiesChief executive zviSolar energyRenewable energyஒன்றுபட்டது மாநிலங்களில்ஸ்வை லேண்டோதலைமை நிர்வாகி ஸ்வைசூரிய ஆற்றல்புதுப்பிக்கத்தக்க ஆற்றல்