Welcome to our dedicated page for Solaredge Technologies news (Ticker: SEDG), a resource for investors and traders seeking the latest updates and insights on Solaredge Technologies stock.
SolarEdge Technologies, Inc. (NASDAQ: SEDG) is frequently in the news as a global smart energy technology company focused on DC-optimized inverter systems, PV, storage, EV charging, batteries, and grid services. News coverage for SEDG often highlights product milestones, strategic collaborations, financial results, and developments across residential, commercial, industrial, and small utility-scale solar markets.
Recent announcements include the launch and early adoption of the CSS-OD Commercial Storage System in Germany, where SolarEdge reports strong demand from PV installers adding storage to existing commercial and industrial solar installations. The company also issues news on Virtual Power Plant (VPP) milestones, such as surpassing 500 MWh of residential battery storage enrolled in VPP programs across multiple U.S. states, Canada, and Puerto Rico, as well as participation in grid services programs in Europe and Australia.
Investors and observers can expect SolarEdge news to cover earnings releases and financial updates, including quarterly results and guidance, along with partnerships and agreements with utilities, DERMS providers, and commercial developers. Announcements have detailed collaborations for American-manufactured solar technology on commercial rooftops, strategic partnerships for EV charging infrastructure at industrial sites, and joint development of Solid-State Transformer technology for AI and hyperscale data centers.
This SEDG news page on Stock Titan aggregates these types of updates, offering a single view into SolarEdge’s reported progress in smart energy, manufacturing strategy, grid services, and data-center power infrastructure. Users interested in SolarEdge stock, its smart energy portfolio, or its role in PV, storage, EV charging, and VPP programs can monitor this feed for new press releases and material company communications.
SolarEdge Technologies reported Q1 2021 revenues of $405.5 million, reflecting a 13% increase from Q4 2020 but a 6% decrease year-over-year. Solar product sales contributed $376.4 million, a 15% rise sequentially and 8% decline from last year. GAAP net income reached $30.1 million with a GAAP EPS of $0.55, while non-GAAP figures were $55.5 million and $0.98 respectively. The company expects Q2 2021 revenues between $445 million and $465 million.
SolarEdge Technologies (NASDAQ: SEDG) has announced the appointment of Ms. Betsy Atkins to its board of directors, effective June 1, 2021. This unanimous decision by the board highlights her extensive experience, having served on various public company boards, including Wynn Resorts and SunPower Corporation. Her broad perspective on energy is expected to contribute to SolarEdge's growth as a leader in smart energy solutions. Chairman Nadav Zafrir expressed confidence in her leadership, aligning with the company’s mission of innovation in the energy sector.
SolarEdge Technologies (NASDAQ: SEDG) will report its first quarter 2021 financial results on May 3, 2021, after the market closes. The management will host a conference call at 4:30 P.M. ET the same day to discuss these results.
Investors can participate in the live call by dialing 800-367-2403 (toll-free in the U.S.) or +1 334-777-6978 (international). A live webcast will also be available on SolarEdge's Investor Relations website, with a replay accessible two hours post-call for 30 days.
SolarEdge Technologies (NASDAQ: SEDG) has announced a strategic supply agreement with Sunrun (Nasdaq: RUN), a leading provider of residential solar systems. This agreement allows Sunrun to offer SolarEdge’s next-generation PV inverter, Energy Hub, to residential customers. Both companies aim to promote an electrified future by integrating smart energy devices, battery storage, and EV chargers. CEO Zivi Lando emphasized the importance of this partnership in enhancing home energy management, while Sunrun's CEO, Lynn Jurich, highlighted the potential for more affordable, reliable electricity powered by solar energy.
SolarEdge Technologies reported Q4 2020 revenues of $358.1 million, a 6% increase sequentially but a 14% decrease year-over-year. Solar product revenues reached $327.1 million. GAAP net income was $17.7 million, down 60% from Q3. For the full year, total revenues were $1.46 billion, a 2% increase from 2019, but both GAAP and non-GAAP earnings per share saw declines. Looking ahead, Q1 2021 revenues are projected to be between $385 million and $405 million.
SolarEdge Technologies, Inc. (NASDAQ: SEDG) has been selected to supply full electrical powertrain units and batteries for the Fiat E-Ducato light commercial vehicle. This partnership with Stellantis marks a significant step as they introduce an electric version of the E-Ducato to Europe. SolarEdge's e-Mobility division, established through an acquisition in 2019, aims to expand its offerings beyond solar energy, responding to the growing demand for clean energy and e-mobility solutions. The company focuses on innovative powertrains and software for electric and hybrid vehicles.
SolarEdge Technologies, Inc. (Nasdaq: SEDG) will announce its financial results for Q4 and the full year ended December 31, 2020, after the market closes on February 16, 2021. A conference call to discuss these results is scheduled for the same day at 4:30 P.M. ET. Interested parties can join via a toll-free number for the U.S. and Canada or an international line. A live webcast will also be available on the company’s Investor Relations website, with a replay accessible afterwards for 30 days.
SolarEdge Technologies (NASDAQ: SEDG) announced key appointments to its leadership team, naming Yogev Barak as Chief Marketing Officer and SehWoong Jeong as CEO of its subsidiary, Kokam. Barak brings over 25 years of international marketing experience, previously holding roles at HP and Applied Materials. Jeong, with over two decades at Samsung Electronics, led a significant lithium-ion battery business. CEO Zvi Lando expressed confidence that their expertise will propel growth in the solar market and expand into new segments.
SolarEdge Technologies, Inc. (SEDG) reported its Q3 2020 financial results, showcasing revenues of $338.1 million, a 2% increase from the prior quarter but a 18% decline compared to last year. Solar product revenues totaled $312.5 million, up 1% sequentially but down 19% year-over-year. The company achieved a GAAP net income of $43.8 million and a diluted EPS of $0.83. For Q4 2020, SolarEdge projects revenues between $345 million and $365 million.
SolarEdge Technologies, Inc. (Nasdaq: SEDG) will announce its financial results for Q3 2020 on November 2, 2020, after market close. A conference call will follow at 4:30 PM ET on the same day, allowing stakeholders to discuss financial performance and company updates. The call can be accessed via a toll-free number in the U.S. and Canada at 800-458-4121, or internationally at +1 323-794-2093, using Conference ID 7783916. A live webcast will also be available on the company's Investor Relations website.
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