Third Quarter 2023 Earnings Summary Safe Harbor Use of Forward-Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information, among other things, concerning: our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; technology developments; financing and investment plans; dividend policy; ...

财务数据和关键指标变化 - 第三季度总收入为7.253亿美元,较上一季度下降27%,较去年同期下降13% [50] - 太阳能业务收入为6.764亿美元,较上一季度下降29%,较去年同期下降14% [21] - 非太阳能业务收入为4,870万美元,较上一季度增加 [57] - 第三季度出货量为330万个功率优化器和27.4万台逆变器 [22] - 第三季度出货121兆瓦时的住宅电池,较上一季度的269兆瓦时下降 [22] 各条业务线数据和关键指标变化 - 欧洲市场第三季度收入下降39%,但较去年同期增长12%,占公司太阳能收入的62% [51] - 美国市场第三季度收入与上一季度持平,较去年同期下降22%,占公司太阳能收入的29% [51] - 其他地区第三季度收入较上一季度下降3%,与去年同期持平,占公司太阳能收入的9% [52] - 第三季度商业产品出货占总出货量的66%,创历史新高 [54] 各个市场数据和关键指标变化 - 德国市场第三季度出货量同比增长44%,环比下降37% [26] - 瑞士和奥地利市场第三季度出货量同比增长213%,环比增长42% [27] - 荷兰市场第三季度出货量同比增长4%,环比下降25% [30][31] - 意大利市场第三季度住宅产品出货量同比下降48%,商业产品出货量同比增长216% [32][33] - 美国市场第三季度住宅产品出货量环比下降13%,商业产品出货量环比增长8%,电池出货量环比增长31% [35][36] 公司战略和发展方向及行业竞争 - 公司正在采取措施调整成本结构,包括停止墨西哥的制造,减少中国的产能,同时在美国工厂增加产能 [40][41] - 公司决定终止轻型商用车电动出行业务,将专注于核心太阳能业务 [41] - 公司最近推出330千瓦逆变器,针对社区太阳能和农业光伏应用 [42] - 公司董事会批准了最高300亿美元的股票回购计划,反映了对公司未来增长的信心 [43] - 公司认为即使在当前库存调整期,公司的产品需求仍高于第四季度预期收入,并有望在未来一年内实现更快于行业的增长 [45][46] 管理层对经营环境和未来前景的评论 - 2022年下半年出现前所未有的需求激增,导致公司产品积压大量订单 [16][17] - 2023年初需求继续增长,但第三季度开始市场需求放缓,分销商出现财务困难 [19][24] - 公司预计未来2-3个季度内可逐步消化库存,实现收入和利润的正常水平 [38][39] - 公司认为即使在当前库存调整期,公司的产品需求仍高于第四季度预期收入,并有望在未来一年内实现更快于行业的增长 [45][46] 问答环节重要的提问和回答 问题1 **Philip Shen 提问** 询问公司第四季度300-350百万美元的收入指引以及后续几个季度的收入和毛利预期 [78][79] **Ronen Faier 回答** 公司预计第四季度收入300-350百万美元,毛利率5-8%。后续几个季度收入将逐步恢复至600-700百万美元的正常水平,毛利率也将逐步提升至30-32%左右 [79][80] 问题2 **Julien Dumoulin-Smith 提问** 询问公司如何从6月份的销售高点到第三季度的大幅下滑,以及公司从中吸取的教训 [113][114] **Ronen Faier 回答** 公司一直密切监控出货量、经销商销售数据和库存水平,直到9月下旬才发现需求大幅下滑。公司将加强对经销商和安装商库存水平的可见性,以便更好地预测需求变化 [114][116] 问题3 **Jeff Osborne 提问** 询问公司对未来价格走势的预期,是否会出现行业价格战 [118][119] **Ronen Faier 回答** 公司预计未来可能需要调整一些产品价格,尤其是电池产品。但公司目前没有计划在第四季度调整逆变器价格,因为当前市场需求低迷,降价不会带来明显的需求增长 [119]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 20-5338862 (State o ...

Second Quarter 2023 Earnings Summary August 1st , 2023 External Safe Harbor Use of Forward-Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information, among other things, concerning: our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; technology developments; financing and investm ...

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Q2 2023 Results Earnings Conference Call August 2, 2023 4:30 PM ET Company Participants J.B. Lowe - Head of Investor Relations Zvi Lando - Chief Executive Officer Ronen Faier - Chief Financial Officer Conference Call Participants Mark Strouse - J.P. Morgan Securities LLC Brian Lee - Goldman Sachs & Co. LLC Colin Rusch - Oppenheimer & Co. Inc. Philip Shen - ROTH MKM Andrew Percoco - Morgan Stanley & Co. LLC Jordan Levy - Truist Securities Corinne Blanchard - Deutsch ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 20-5338862 (State ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 20-5338862 (State or other ...