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SEDG Solaredge Technologies News Story

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SolarEdge Technologies rises on robust Q2 revenue forecast

Updates

** Shares of solar inverter maker SolarEdge Technologies SEDG.O rise 18.3% to $15.29

** Company expects Q2 revenue between $265 million and $285 million, above analysts' estimate of $247.96 million - data compiled by LSEG

** SEDG Q1 adjusted net loss narrows to $66.1 million from $108.6 million 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 jumps 7.4% to $219.5 million

** Including session's moves, SEDG shares up 12.4% YTD

 (Reporting by Shailesh Kuber)

 ((Shailesh.Kuber@thomsonreuters.com; (within U.S. +1 646 223 8780, outside U.S. +91 80 61822686) ;))

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