SolarEdge Technologies' (SEDG) CEO Zvi Lando on Q2 2021 Results - Earnings Call Transcript

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Q2: 2021-08-02 Earnings Summary

EPS of $1.28 beats by $0.17
 | Revenue of $480.06M (44.66% Y/Y) beats by $24.42M

SolarEdge Technologies (NASDAQ:SEDG) Q2 2021 Earnings Conference Call August 2, 2021 4:30 PM ET

Company Participants

Erica Mannion – Investor Relations
Zvi Lando – Chief Executive Officer
Ronen Faier – Chief Financial Officer

Conference Call Participants

Mark Strouse – J.P. Morgan
Stephen Byrd – Morgan Stanley
Philip Shen – Roth Capital Partners
Colin Rusch – Oppenheimer
Brian Lee – Goldman Sachs
Maheep Mandloi – Credit Suisse
J.B. Lowe – Citi
Kashy Harrison – Piper Sandler
Jeff Osborne – Cowen & Company
Moses Sutton – Barclays
Joseph Osha – Guggenheim Securities

Erica Mannion

Good afternoon. Thank you for joining us to discuss SolarEdge’s operating results for the Second Quarter Ended June 30, 2021, as well as the Company’s outlook for the third quarter of 2021.

With me today are Zvi Lando, Chief Executive Officer; and Ronen Faier, Chief Financial Officer.

Zvi will begin with a brief review of the results for the second quarter ended June 30, 2021. Ronen will review the financial results for the second quarter followed by the company's outlook for the third quarter of 2021. We will then open the call for questions.

Please note that this call will include forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from management's current expectations. We encourage you to review the safe harbor statement contained in our press release and the slides published today for a more complete description. All material contained in the webcast is the sole property and copyright of SolarEdge Technologies with all rights reserved. Please note this presentation describes certain non-GAAP measures, including non-GAAP net income and non-GAAP net diluted earnings per share, which are not measures prepared in accordance with U.S. GAAP. The non-GAAP measures are presented in this presentation as we believe that they provide investors with the means of evaluating and understanding how

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