SolarEdge swings to Q1 net loss as revenue plunges
- Admin
- May 10, 2024
- 1 min read
Israel-based SolarEdge Technologies Inc reported a first-quarter net loss of USD 157.3 million as revenues dropped by 78% year-on-year. CEO Zvi Lando mentioned plans for new product releases to prepare for the next growth cycle in the industry.
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