SolarEdge Technologies, Inc. (SEDG) reported a first-quarter 2024 adjusted loss of $1.90 per share, wider than the Zacks Consensus Estimate of a loss of $1.58. The bottom line also deteriorated from the prior-year quarter’s reported earnings of $2.90 per share.Barring one-time adjustments, the company recorded a GAAP loss of $2.75 per share against GAAP earnings of $2.35 per share recorded in the year-ago period.RevenuesThe company’s quarterly revenues of $204.4 million surpassed the Zacks Consensus Estimat ...

财务数据和关键指标变化 - 第一季度总收入约2.044亿美元,其中太阳能业务收入1.901亿美元,非太阳能业务收入1410万美元 [8] - 毛利率为负12.8%,非GAAP毛利率为负6.5%,包含450个基点的IRA利益 [48] - 太阳能业务毛利率为负3.5%,主要受单相电池销售增加拖累 [49][50] - 非太阳能业务毛利率为负47.2%,主要受季节性因素影响 [55] - 非GAAP营业亏损1.225亿美元,上季度为1.078亿美元 [57] - 非GAAP净亏损1.086亿美元,上季度为5250万美元 [59] - 非GAAP每股摊薄亏损1.90美元,上季度为0.92美元 [59] 各条业务线数据和关键指标变化 - 美国市场收入占太阳能收入的34%,欧洲市场占45%,其他市场占21% [42] - 美国市场出货量226兆瓦,欧洲市场443兆瓦,其他市场276兆瓦,总计950兆瓦 [43] - 商业产品占总出货量的68%,住宅产品占32% [43] - 第一季度出货128兆瓦时电池,主要销往美国市场 [44] - 平均每瓦售价17.2美分,较上季度下降27% [45] - 电池平均售价383美元/千瓦时,较上季度下降5% [46] 各个市场数据和关键指标变化 - 美国住宅市场需求较稳定,第一季度出货量季节性下降19% [9] - 美国商业市场出货量季节性下降22%,但同比增长42% [11] - 欧洲住宅市场出货量季节性下降19%,商业市场下降2% [12][13] - 德国市场开局较慢,但预计将受益于新的太阳能支持政策 [14] - 荷兰市场正在缓慢恢复,公司正在开发软件解决方案以增加市场份额 [15] - 其他市场如泰国、台湾、南非、澳大利亚和以色列保持稳定 [16] 公司战略和发展方向及行业竞争 - 收购Wevo公司,增强商业和工业能源管理平台SolarEdge ONE [18][19][20] - 推出新款商业户外电池和商业DC耦合储能系统 [25][26] - 进军多户型建筑市场,与两家软件公司建立合作关系 [27][28] - 在住宅端推出动态电价优化等新功能 [29][30] - 加大对网络安全的投入和认证 [32] - 推出新一代大功率三相欧洲住宅逆变器和统一的新一代住宅电池 [33][34][35] - 美国工厂产能提升,优化北美产品组合 [36][38][39] 管理层对经营环境和未来前景的评论 - 第一季度收入略低于预期,主要受德国市场开局较慢影响 [16][17] - 预计第二季度收入将环比增长15%-20% [17] - 全年业务运营水平预计将处于此前指引的下限 [17] - 新产品和软件服务将提升公司差异化和盈利能力 [23][24][31] - 库存消化和现金流管理是当前重点,预计下半年现金流将改善 [60][61][135][146] 问答环节重要的提问和回答 问题1 **Andrew Percoco 提问** 询问毛利率指引和现金流管理 [68][72] **Ronen Faier 回答** 解释单相电池销售超预期拖累毛利率,但不会影响全年目标,同时介绍现金流改善计划 [69][135][146] 问题2 **Brian Lee 提问** 询问价格策略和库存消化进度 [77] **Ronen Faier 回答** 介绍针对不同地区和产品的差异化价格策略,以及预计两三季度完成大部分库存消化 [92][146] 问题3 **Philip Shen 提问** 询问欧洲住宅市场的促销活动和库存消化进度 [89] **Ronen Faier 回答** 解释针对欧洲市场的优化器促销活动,以及预计库存消化将是渐进式而非一蹴而就 [92][146]

SolarEdge Technologies (SEDG) came out with a quarterly loss of $1.90 per share versus the Zacks Consensus Estimate of a loss of $1.58. This compares to earnings of $2.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20.25%. A quarter ago, it was expected that this photovoltaic products maker would post a loss of $1.47 per share when it actually produced a loss of $0.92, delivering a surprise of 37.41%.Over the last four qu ...

SolarEdge Technologies Nasdaq l SEDG 6.6 MW Ground mount, Windach, Germany Installed by Feneco Safe Harbor ...

Exhibit 99.1 SolarEdge Announces First Quarter 2024 Financial Results MILPITAS, Calif. — May 8, 2024. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Revenues of $204.4 million • Revenues from solar segment of $190.1 million • GAAP gross margin of negative 12.8% • Non-GAAP gross margin1 of negative 6.5%, including 4.5% of net IRA benefit • Gross margin fr ...

SolarEdge Technologies (SEDG) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Ma ...

SolarEdge Technologies (SEDG) closed the latest trading day at $68.77, indicating a +0.56% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 1.23%. Elsewhere, the Dow saw a downswing of 1.36%, while the tech-heavy Nasdaq depreciated by 1.4%.Shares of the photovoltaic products maker witnessed a loss of 2.8% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 9.61% and the S&P 500's gain of 1.61%.Market participant ...

SolarEdge Technologies Inc. - SolarEdge Technologies Inc.最近宣布其首个商业储能系统（CSS）已经可以在意大利订购[1] - CSS是SolarEdge在意大利市场推出的第一个商业规模太阳能应用的储能解决方案[2] - CSS包括一个102.4千瓦时额定电池柜和一个50千瓦（KW）电池逆变器，可扩展至每个站点总容量达到1兆瓦时（MWh）[3] 欧洲清洁能源市场 - 欧洲清洁能源采用的迅速增长为能源储存市场提供了竞争优势[4] - 欧洲的能源储存市场预计在2024年至2029年期间将以超过18%的复合年增长率增长[6] SolarEdge在欧洲市场 - SolarEdge在欧洲已经拥有强大的市场份额，2023年64%的总收入来自欧洲[7] - SolarEdge的CSS拥有市场领先的10年保修期，预装有支持多种能源优化模式和用例的能力[8] 其他太阳能公司在欧洲市场 - 其他知名太阳能公司如Canadian Solar Inc.（CSIQ）、Emeren Group Ltd.（SOL）和Enphase Energy Inc.（ENPH）也在欧洲扩大业务[9] - Canadian Solar在欧洲、中东和非洲地区拥有23,387 MWh的电池储能开发项目管道[10] - Emeren Group在波兰、英格兰、法国、西班牙和意大利稳步增长，在欧洲拥有6,440 MWh的先进阶段电池储存管道[12] - Enphase Energy在2023年的净收入中，欧洲地区占比31%，公司推出了最强大的家用电池IQ Battery 5P[14]

Jeremy PolandSolarEdge (NASDAQ:SEDG) has been one of the more frustrating holdings in my portfolio, but unfortunately it isn’t clear if that suffering is ending anytime soon. The company has seen revenues fall off a cliff, with both unit-level and bottom-line margins getting crushed in tandem. It doesn’t help that its closest competitor is showing far greater resiliency from a profitability perspective. My initial investment thesis appears to be breaking apart, as this cyclical downturn has posed great ...

The most recent trading session ended with SolarEdge Technologies (SEDG) standing at $62.25, reflecting a -0.72% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.57%. At the same time, the Dow added 0.83%, and the tech-heavy Nasdaq gained 0.39%.The photovoltaic products maker's shares have seen a decrease of 26.29% over the last month, not keeping up with the Oils-Energy sector's gain of 4.48% and the S&P 500's gain of 2.97%.Analysts and investor ...