SolarEdge Hits Record PV Electronics Revenues Amidst a ‘Temporary’ Slowdown in US Residential

By [email protected] Solar module electronics leader (and home energy and storage aspirant) SolarEdge continues to put up strong quarterly and annual numbers, despite a general sense of a slowdown in the U.S. residential solar space.

Current fiscal quarter

SolarEdge revealed revenues at the low end of guidance and slightly below consensus at $124.8 million for fiscal Q4 2016, about flat with the previous quarter, and a 26.8 percent jump from fiscal Q4 2015

Gross margin was 31.4 percent for fiscal Q4 2016, down a bit from the previous quarter but still beating Street expectations

GAAP net income was $17.3 million for fiscal Q4 2016, down

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