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Solaredge Technologies Inc (SEDG) |
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Solaredge Technologies Inc's Customers Performance
SEDG
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SEDG's Source of Revenues |
In the Q4, Solaredge Technologies Inc 's corporate clients experienced a decline by -13.17 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 1.95 %. During the corresponding time, Solaredge Technologies Inc revenue deteriorated by -64.52 % year on year, sequentially revenue fell by -56.43 %. While revenue at the Solaredge Technologies Inc 's corporate clients fell by -23.76 % year on year, sequentially revenue grew by 17.64 %.
• List of SEDG Customers
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Customers of Solaredge Technologies Inc saw their costs of revenue decline by -13.17 % in Q4 compare to a year ago, sequentially costs of revenue grew by 1.95 %, for the same period Solaredge Technologies Inc revnue deteriorated by -64.52 % year on year, sequentially revnue fell by -56.43 %.
• List of SEDG Customers
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Customers recorded net loss in Q4 |
Customers recorded net loss |
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Solaredge Technologies Inc's Comment on Sales, Marketing and Customers
We derive a significant portion of our revenues from key solar distributors, electrical
equipment wholesalers and large installers in the U.S. and worldwide. Three of
our customers represented 29.9 % of our revenues. Out of these three customers,
Consolidated Electrical Distributors Inc. (CED), a leading electric-equipment
wholesaler in the U.S., was our largest customer and accounted for 14.8% of our
revenues.
News about Solaredge Technologies Inc Contracts |
SolarEdge Technologies, a global leader in smart energy technology, has announced ...
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Massive Workforce Reduction Announced by SolarEdge Amidst Year-on-Year Revenue DeteriorationSolarEdge Technologies Inc, a global pioneer in smart energy technology, has declared a considerable downscaling of its workforce as part of a wider restructuring plan in response to current market pressures. The proposed cutbacks, which will notably reduce operating costs and realign the company's cost structure with the present market dynamics, will considerably impact almost 16% of the company's global workforce totaling around 900 employees. Approximately 500 of these employees are reported to be from the Company's assorted manufacturing sites.The crux of the issue resides in the financial performance exhibited by...
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Solaredge Technologies Inc's Comment on Sales, Marketing and Customers
We derive a significant portion of our revenues from key solar distributors, electrical
equipment wholesalers and large installers in the U.S. and worldwide. Three of
our customers represented 29.9 % of our revenues. Out of these three customers,
Consolidated Electrical Distributors Inc. (CED), a leading electric-equipment
wholesaler in the U.S., was our largest customer and accounted for 14.8% of our
revenues.
SEDG's vs. Customers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
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