Despite COVID-19 Slowdown, SolarEdge Reports 59% Rise in Revenue YoY in Q1 2020
The company’s revenue from its solar business stood at $407.6 million, up 5% from the previous quarter
May 8, 2020
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SolarEdge Technologies Incorporated (SolarEdge), an Israel-based solar solutions provider, registered a revenue of $431.2 million (~₹32.41 billion) in the quarter ending March 31, 2020, a 59% increase from $271.9 million (~₹20.44 billion) in the same period last year. The revenues were up 3% from ₹418.2 million (~₹31.43 billion).
Nithin Thomas
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