SolarEdge Q1 Loss Widens to $0.43 EPS; Revenue Up 46% YoY
SolarEdge Technologies posted a Q1 EPS loss of $0.43 versus an expected -$0.23, narrowing its year-ago $1.14 loss. Revenue climbed 2.33% to $310.5 million, driven by 46% year-over-year growth despite a 7.4% sequential decline.
1. Q1 Financial Performance
SolarEdge reported a quarterly loss of $0.43 per share, missing the expected -$0.23 and improving from last year’s -$1.14. The wider-than-forecast loss reflects ongoing cost pressures despite margin recovery efforts.
2. Revenue Growth Metrics
Revenue reached $310.5 million, beating estimates by 2.33% and rising 46% year over year. Sequentially, sales fell 7.4% from $335.4 million as seasonal installations moderated.
3. Valuation Ratios
The company’s negative trailing P/E of -6.54 underscores continued profitability challenges over the past twelve months. A P/S ratio of 1.94 indicates the market values each dollar of revenue at nearly twice its sales.
4. Balance Sheet Strength
Debt-to-equity stands at 0.95, reflecting balanced leverage levels. A current ratio of 2.02 signals ample liquidity to cover short-term obligations and support ongoing operations.