Project News Details
Title
SolarEdge posts strong revenue increase, slight drop in net profit
Detail
The Israeli inverter manufacturer saw its net profit decline 4% year-on-year to $33.1 million in the second quarter, despite shipping 1.3 GW and seeing a 43% increase in turnover. Gross margins were affected by the increase in U.S. tariffs on China made products.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Non-Renewable Energy Solar Photovoltaic PV Energy Postal and Courier Services Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date
06.08.2019
Original Url
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