{"id":79944,"date":"2023-02-14T11:54:20","date_gmt":"2023-02-14T07:54:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=79944"},"modified":"2023-02-14T11:54:22","modified_gmt":"2023-02-14T07:54:22","slug":"solaredge-technologies-inc-earnings-beat-by-1-32-revenue-topped-estimates","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/solaredge-technologies-inc-earnings-beat-by-1-32-revenue-topped-estimates\/02\/14\/market-updates\/","title":{"rendered":"SolarEdge Technologies Inc earnings beat by $1.32, revenue topped estimates"},"content":{"rendered":"\n<p>SolarEdge Technologies Inc reported fourth quarter EPS of $2.86, $1.32 better than the analyst estimate of $1.54. Revenue for the quarter came in at $890.7M versus the consensus estimate of $878.94M.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Fourth Quarter 2022 Highlights<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Record revenues of $890.7 million<\/li><li>Record revenues from solar segment of $837.0 million<\/li><li>GAAP gross margin of 29.3%<\/li><li>Non-GAAP gross margin of 30.2%<\/li><li>Gross margin from solar segment of 32.4%<\/li><li>GAAP operating loss of $5.2 million<\/li><li>Record non-GAAP operating profit of $149.6 million<\/li><li>GAAP net income of $20.8 million<\/li><li>Record non-GAAP net income of $171.5 million<\/li><li>GAAP net diluted earnings per share (\u201cEPS\u201d) of $0.36<\/li><li>Record non-GAAP net diluted EPS of $2.86<\/li><li>3.14 Gigawatts (AC) of inverters shipped<\/li><li>217.6 MWh of batteries shipped<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>SolarEdge Technologies Inc reported fourth quarter EPS of $2.86, $1.32 better than the analyst estimate of $1.54. Revenue for the quarter came in at $890.7M versus the consensus estimate of $878.94M. Fourth Quarter 2022 Highlights Record revenues of $890.7 millionRecord revenues from solar segment of $837.0 millionGAAP gross margin of 29.3%Non-GAAP gross margin of 30.2%Gross &hellip;<\/p>\n","protected":false},"author":9,"featured_media":79945,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7350,9881,8773,6929],"class_list":["post-79944","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-caterpillar","tag-jetblue","tag-sunpower","tag-uber"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=79944"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79944\/revisions"}],"predecessor-version":[{"id":79946,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79944\/revisions\/79946"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/79945"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=79944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=79944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=79944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}