SMA Solar’s 9M Net Income Fell 29% on Large-Scale Project Delays

The company's 9M inverter sales decline to 8.73 GW output from 10.27 GW YoY

November 15, 2022

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Germany-based solar equipment manufacturer SMA Solar Technology recorded a net income of €11 million (~$11.38 million) in the first nine months (9M) of 2022, a year-over-year (YoY) decline of 29%.

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Arjun Joshi

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SMA Solar’s 9M Net Income Fell 29% on Large-Scale Project Delays

Continue Reading with Premium Access

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