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Solaredge Technologies Inc - SEDG STOCK NEWS

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 (SEDG) drives innovation in solar energy optimization through intelligent inverter systems and monitoring solutions. This page serves as your central hub for official company announcements and market-moving developments.

Access real-time updates including quarterly earnings reports, product launch details, strategic partnerships, and regulatory filings. Investors will find essential information on financial performance, while industry professionals gain insights into technological advancements like module-level power optimization and grid service innovations.

Our curated news collection features press releases about new market expansions, sustainability initiatives, and patent filings alongside analysis of industry trends impacting solar energy adoption. Bookmark this page to monitor SolarEdge's role in shaping renewable energy infrastructure through its DC-optimized systems and smart energy ecosystems.

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SolarEdge Technologies, Inc. announced its financial results for Q3 2023. Revenues were $725.3 million, with $676.4 million from the solar segment. The GAAP gross margin was 19.7% and the non-GAAP gross margin was 20.8%. The company reported a GAAP operating loss of $16.7 million and a non-GAAP operating income of $23.1 million. The GAAP net loss was $61.2 million, with a non-GAAP net loss of $31.0 million. The company shipped 3.8 Gigawatts (AC) of inverters and 121 MWh of batteries.
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SolarEdge Technologies provides preliminary unaudited financial results for Q3 2023, citing unexpected cancellations and pushouts of backlog from European distributors.
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SolarEdge Technologies, Inc. launches new high-power SolarEdge 330kW Inverter and H1300 Power Optimizer for community solar and utility PV applications, aiming to lower LCOE and improve ROI with 99% inverter efficiency and reduced BoS costs.
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SolarEdge Home Battery included in Xcel Energy's 'Renewable Battery Connect' program in Colorado
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SolarEdge Technologies, Inc. unveils the latest version of its SolarEdge Home Hub and Wave inverters in the U.S. The new inverters will integrate power control system (PCS) technology, allowing for the installation of larger PV systems without costly main panel upgrades. The embedded PCS technology enables monitoring, balancing, and control of currents on the main panel busbar, surpassing the National Electrical Code 120% rule. The SolarEdge DC-coupled architecture enables up to 200% DC oversizing and storage of excess PV in the SolarEdge Home DC-coupled battery. The new inverters also feature software innovations for faster commissioning and enhanced reliability with automotive-grade components.
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SolarEdge Technologies, Inc. forms a joint venture with Ajlan & Bros Holding to support the deployment of smart renewable energy solutions in Saudi Arabia. The JV aims to reduce the country's dependence on oil and offer enterprises in Saudi Arabia solutions from SolarEdge's portfolio of systems for energy generation, storage, and management.
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Infineon and SolarEdge sign multi-year capacity reservation supplier agreement
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SolarEdge Technologies, Inc. will report Q2 2023 financial results on August 1, 2023. A conference call will be held to discuss the results.
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Solaredge Technologies Inc

Nasdaq:SEDG

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743.01M
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1.86%
101.8%
37.18%
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