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Solaredge Technologies Inc  (SEDG)
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EARNINGS REPORT by CSIMarket

Despite Very Strong Sales EPS Fell

Solaredge Technologies Inc announced first quarter 2019 operating profit of $28.048 millions

SOLAR_erde_By_Jjkujk_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsSolaredge Technologies Inc announced earnings per share of $0.39 and Sales of $264 millions in the first quarter 2019, Company's earnings per share plummeted by -48 % per share, versus $0.75 eps, earned in the same quarter a year ago, although Solaredge Technologies Inc saw it's Sales rise by 29.54 % in the same period.

Sequentially eps soared by 43.73 % from $0.27 per share and Sales increased by 3.11 % from $264 millions.

Net income of $18 millions in the first quarter 2019 fell by -49.63 % from $36 millions in the corresponding period a year before. Solaredge Technologies Inc shifted it's focus on improving sales in the first quarter 2019, as a result net margin eased to 6.61%.


Solaredge Technologies Inc is expected to report next financial results on August 09, 2019.


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Solaredge Technologies Inc announced first quarter 2019 operating profit of $28.048 millions

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The rate of growth in retail and food services total sales accelerated due to increase in high food services and drinking places sales.

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2050 Motors, Inc announced first quarter operating loss of $-0.034353 millions

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Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Ocean Power Technologies, Inc announced forth quarter operating deficit of $-2.518 millions

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Construction spending decreased after recent increase in April, with decline in private and public sector spending.

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CPI contunued to grow in May but on the smaller pace than in two previous months, as a decline in energy costs didn't immediately filter through the rest of the economy.

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May job growth slows to 75,000

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Redemption of Losses but Revenues Unchanged

In the first quarter Discovery Energy Corp decreased loss of $-0.01 per share compare to $-0.09 a year ago and improved from $-0.05 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Other SEDG's Earnings Reports

Solaredge Technologies Inc reported forth quarter 2018 earnings

Solaredge Technologies Inc reported third quarter 2018 earnings

Solaredge Technologies Inc reported second quarter 2018 earnings

             
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