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SolarEdge reports Q3 EPS (31c), consensus (42c)

Reports Q3 revenue $340.18M, consensus $336.7M. “We’re making steady progress in our turnaround, with three consecutive quarters of revenue growth and improving margins, and we’re not done yet,” said Shuki Nir, CEO of SolarEdge (SEDG). “With energy taking an increasingly vital role in powering the global economy, we believe that SolarEdge is positioned for continued growth, sustained profitability, and leadership in smart energy solutions.”

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