SolarEdge Technologies rises as Q2 revenue forecast above estimates

Solaredge Technologies

06/05/2025 12:59

** Shares of solar inverter maker SolarEdge Technologies SEDG.O rise ~15% to $14.85 premarket

** Company expects Q2 revenue within the range of $265 million to $285 million, higher than analysts' expectations of $247.96 million - data compiled by LSEG

** SEDG Q1 adjusted net loss narrows to $66.1 million compared with a loss of $108.6 million from a year earlier

** "Despite an uncertain tariff and regulatory environment, we remain relentlessly focused on elevating our execution across our business" - CEO Shuki Nir

** Company's Q1 revenue jumped 7.4% to $219.5 million from last year

** As of last close, SEDG shares down 5% YTD

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))