SolarEdge’s Q1 2024 Net Loss Narrows to $108.6 Million
Revenue for the quarter stood at $204.4 million, a 78% YoY decline
May 13, 2024
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SolarEdge, an Israel-based solar inverter manufacturer, recorded a net loss of $108.6 million in the first quarter (Q1) of 2024, an improvement of 37.7% on a year-over-year (YoY) basis as compared to a net loss of $174.5 million.