Benzinga | May 3, 2021 04:23PM EDT

SolarEdge Technologies Q1 Adj. EPS $0.98 Misses $0.99 Estimate, Sales $405.49M Beat $396.21M Estimate

SolarEdge Technologies (NASDAQ:SEDG) reported quarterly earnings of $0.98 per share which missed the analyst consensus estimate of $0.99 by 1.01 percent. This is a 3.16 percent increase over earnings of $0.95 per share from the same period last year. The company reported quarterly sales of $405.49 million which beat the analyst consensus estimate of $396.21 million by 2.34 percent. This is a 5.97 percent decrease over sales of $431.22 million the same period last year.