earnings
confidence high
sentiment negative
materiality 0.80
SolarEdge Q4 revenue $196.2M, GAAP net loss $5.00/share; guides Q1 rev $195-215M
SOLAREDGE TECHNOLOGIES, INC.
2024-FY EPS reported
-$31.64
revenue$901,456,000
- Q4 revenue $196.2M (-17% QoQ); solar segment $189M. GAAP net loss $287.4M ($5.00 loss per share).
- Non-GAAP net loss $202.5M ($3.52 loss per share); asset write-down/impairment of $138M in Q4.
- Generated positive free cash flow of $25.5M in Q4; CEO expects positive FCF in Q1 2025 and full year.
- FY 2024 total write-downs/impairments $1.17B; GAAP gross margin -97.3%.
- Q1 2025 guidance: revenue $195-215M, non-GAAP gross margin 6%-10%, OpEx $98-103M.