Benzinga | Feb 16, 2021 04:11PM EST

SolarEdge Technologies Q4 Adj. EPS $0.98 Beats $0.86 Estimate, Sales $358.10M Beat $356.25M Estimate

SolarEdge Technologies (NASDAQ:SEDG) reported quarterly earnings of $0.98 per share which beat the analyst consensus estimate of $0.86 by 13.95 percent. This is a 40.61 percent decrease over earnings of $1.65 per share from the same period last year. The company reported quarterly sales of $358.10 million which beat the analyst consensus estimate of $356.25 million by 0.52 percent. This is a 14.38 percent decrease over sales of $418.22 million the same period last year.