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The following content is a news release distributed by . The original news release may be found here.

SolarEdge Announces Third Quarter 2024 Financial Results

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenues of $260.9 million Revenues from solar segment of $247.5 million GAAP gross margin of negative 269.2%1 Non-GAAP gross margin2 of negative 265.4%1 Gross margin from solar segment of negative 245.8%1 GAAP operating loss of negative $1.09 billion1 Non-GA...

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