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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
๊ฐ€์ž… March 2022
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SOLAREDGE $SEDG Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $326.1M (Est. $327M) ๐Ÿ”ด; -4.1% YoY ๐Ÿ”น Adj. EPS: $0.29 (Est. $0.04) ๐ŸŸข ๐Ÿ”น Gross Margin: 34.7%; +1,590 bps YoY Q4 Guide: ๐Ÿ”น Revenue: $245M-$275M (Est. $316M) ๐Ÿ”ด ๐Ÿ”น Gross Margin: 17%-21% ๐Ÿ”น OpEx: $87M-$91M Other Q3 Metrics: ๐Ÿ”น Free Cash Flow: $7.8M Comments: ๐Ÿ”ธ โ€œAs near-term market uncertainty persists and given reduced revenue expectations for the fourth quarter, we are taking decisive steps to reduce costs, sharpen our focus, and support profitability amid softer demand.โ€
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