Investing.com - SolarEdge Technologies Inc reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
SolarEdge Technologies Inc announced earnings per share of $0.91 on revenue of $836.7M. Analysts polled by Investing.com EPS of $1.47 on revenue of $826.36M.
SolarEdge Technologies Inc 's are down 69% and is trading at $226.53 , still down 45.78% from its 52 week high of $389.71 set on Monday, November 22, 2021.
SolarEdge Technologies Inc shares gained 7.21% to trade at $226.53 in after-hours trade the report.
SolarEdge Technologies Inc follows other major Information Technology sector earnings this month
SolarEdge Technologies Inc's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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