SolarEdge Technologies (SEDG) shares fell over 3% on Friday after a 16% surge on Wednesday that pushed the stock to its highest level in over

For the full year, SolarEdge reported sales of $901.5 million, down 70% from 2023's $3 billion. Compared to 2023's $0.61-per-share profit, SolarEdge lost $31.64 per share for all of 2024. So basically, it's bad news all around. And yet, there's a (small) glimmer of hope.

SolarEdge reports Q4 results with $196.2M revenue, beating consensus of $188.7M. Adjusted EPS loss of $(3.52) missed the street view of $(1.65).

What Happened? Shares of solar power systems company SolarEdge (NASDAQ:SEDG) jumped 35.2% in the pre-market session after the company reported impressive fourth-quarter results, which blew past analysts' revenue expectations.

Solaredge Technologies Inc (NASDAQ: SEDG) rallied nearly 30% in premarket today despite posting a not so encouraging release for its fourth financial quarter. The smart energy solutions company said it lost $3.