SolarEdge Marks Another Record Quarter, Hits $1B in 2019 Revenues

By [email protected] SolarEdge kept up its growth streak in the third quarter of 2019, hitting record revenues yet again, while also marking the death of founding CEO Guy Sella.

SolarEdge reported third-quarter revenues of $410.6 million, beating its projections of $395 million to $410 million for the quarter. The company also outpaced its second quarter revenues of $325 million, an earlier record, by 26 percent.

Revenues for the first nine months of 2019 rose to just over $1 billion, compared to $674 million in the same period in 2018, Zvi Lando, acting CEO and vice president of global sales, noted in Wednesday’s conference

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