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Solaredge announces record revenues

Fremont, USA - Solaredge Technologies, Inc. has announced its financial results for the fiscal second quarter ended December 31, 2015.

The solar inverter manufacturer announced a record revenue of $124.8 million, up 8.5 percent from last quarter and 70.3 percent year-over-year. GAAP gross margin was 30.9 percent and GAAP net income was $24.1 million. 416 Megawatts (AC) of inverters have been shipped.



Source: IWR Online, 04 Feb 2016

 


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