SolarEdge Technologies Inc

SEDG: XNAS (USA)
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SolarEdge Earnings: European Channel Inventories Largely Normalized

SolarEdge reported second-quarter revenue of $281 million from continuing operations and non-GAAP gross margin of 13.1%, both at the high end of its guidance range. Guidance for the third quarter calls for revenue of $335 million and non-GAAP gross margin of 17%.

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