Solaredge Technologies, Inc. logo

SEDG

Solaredge Technologies, Inc.

$59.74

Earnings Summary

Revenue
$316.04Mn
Net Profits
$-162.38Mn
Net Profit Margins
-51.38%
PE Ratio
100.73

Highlights

Revenue:

Solaredge Technologies, Inc.’s revenue fell -64.52% since last year same period to $316.04Mn in the Q4 2023. On a quarterly growth basis, Solaredge Technologies, Inc. has generated -56.43% fall in its revenue since last 3-months.

Net Profits:

Solaredge Technologies, Inc.’s net profit fell -879.6% since last year same period to $-162.38Mn in the Q4 2023. On a quarterly growth basis, Solaredge Technologies, Inc. has generated -165.44% fall in its net profits since last 3-months.

Net Profit Margins:

Solaredge Technologies, Inc.’s net profit margin fell -2297.14% since last year same period to -51.38% in the Q4 2023. On a quarterly growth basis, Solaredge Technologies, Inc. has generated -509.16% fall in its net profit margins since last 3-months.

PE Ratio:

Solaredge Technologies, Inc.’s price-to-earnings ratio after this Q4 2023 earnings stands at 100.73.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Solaredge Technologies, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-1.56
EPS Estimate Current Year
-1.56

Highlights

EPS Estimate Current Quarter:

Solaredge Technologies, Inc.’s earning per share (EPS) estimates for the current quarter stand at -1.56 - a -17.29% fall from last quarter’s estimates.

EPS Estimate Current Year:

Solaredge Technologies, Inc.’s earning per share (EPS) estimates for the current year stand at -1.56.

Key Ratios

Key ratios of the Solaredge Technologies, Inc. post its Q4 2023 earnings

Earning Per Share (EPS)
-0.92
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.02

Highlights

Earning Per Share (EPS):

Solaredge Technologies, Inc.’s earning per share (EPS) fell -132.17% since last year same period to -0.92 in the Q4 2023. This indicates that the Solaredge Technologies, Inc. has generated -132.17% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Solaredge Technologies, Inc.’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Solaredge Technologies, Inc.’s return on equity (ROE) stands at 0.02.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-05-08
1.93
2.9
50.26%
2023-08-07
2.52
2.62
3.97%
2023-11-06
0.89
-0.55
-161.8%
2024-02-26
-1.33
-0.92
30.83%