SolarEdge slammed on weaker than expected Q3, downside Q4 guidance

Nov. 01, 2023 4:51 PM ETSolarEdge Technologies, Inc. (SEDG) StockBy: Carl Surran, SA News Editor29 Comments
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SolarEdge Technologies (NASDAQ:SEDG) -23.8% post-market Wednesday, indicated at a more than three-and-a-half-year low, after reporting lower than expected Q3 adjusted earnings and guiding Q4 revenues below analyst estimates.

Q3 revenues fell 13% Y/Y and 27% Q/Q to $725.3M, with non-GAAP gross margin dropping to 20.8% from 27.3% in

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