An upbeat earnings report comes in from this recent solar IPO.
|Despite a strong earnings release, Solaredge Technologies gives back yesterday’s gains, down 3% in two days. Revenues are more than double what they were a year ago, net income has climbed for five quarters, and revenue guidance is above analysts’ estimates. SEDG has dropped 24% in the past 3 months, but remains 32% above its IPO open in March.||Reuters|
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