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SolarEdge Shares Hit All-Time High as Europe Eclipses US in Sales

August 7, 2019


Solar microelectronics manufacturer SolarEdge followed up record revenue last quarter with even higher sales in Q2.

The Israel-based, U.S.-listed company shipped 1.3 gigawatts AC of inverters and pulled in revenues of $325 million for the quarter, up 20 percent from the previous quarter’s $271.9 million. And SolarEdge expects the growth to continue, forecasting revenues between $395 million and $410 million for the third quarter.

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