SolarEdge Posts $405.5 Million in Revenues in Q1 2021
Revenues up 13% from $358.1 million in the previous quarter but down 6% from Q1 2020
May 5, 2021
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Israel-based SolarEdge Technologies, a manufacturer of power optimizers, solar inverters, and monitoring systems, reported revenues of $405.5 million in the first quarter of 2021 – up 13% from $358.1 million in the previous quarter. The revenue was down 6% from $431.2 million in the same quarter last year.