Get ready to discover the eagerly anticipated third quarter financial results of SolarEdge Technologies (NASDAQ: SEDG) on Wednesday 6th November 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
According to predictions from financial analysts on Wall Street, the establishment is expected to report an estimated per share $1.63 loss for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $269.38 million during this period.
During the same quarter of the previous year, the company made public its loss of $0.55 per share, which were derived from a quarterly revenue of $725.31 million.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.05 billion. At the same time, they are expecting the company to achieve per share loss of $6.68 for the fiscal year ahead.
SEDG has scheduled a conference call on 6th November 2024 at 04:30 PM eastern time to discuss the third quarter financial results and other related information.
Throughout Friday's trading, SolarEdge Technologies (SEDG) shares fluctuated between $16.91 and $18.11, with a trading volume of 3.43 million shares. The stock ended the regular trading session at $17.69, indicating an increase of 3.69 percent.
