Inventory Write-Downs of $1 Billion Widen SolarEdge’s Net Loss in Q3 FY 2025
November 12, 2024
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Israel-based solar inverter manufacturer SolarEdge‘s net loss expanded by over 1877% year-over-year (YoY) to $1.21 billion in the third quarter (Q3) of the financial year (FY) 2024-25 from $61.18 million, impacted by impairment and inventory write-down of $1.03 billion.