Tag: earnings
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SolarEdge achieves record revenue in second fiscal quarter
SolarEdge Technologies announced its financial results for the fiscal second quarter ended December 31, 2015. Fiscal Second Quarter 2016 Highlights • Record revenue of $124.8 million, up 8.5 percent from last quarter and 70.3 percent year-over-year • GAAP gross margin of 30.9 percent • GAAP net income of $24.1 million • Non-GAAP net income ofRead More
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Canadian Solar module shipments higher than expected this quarter
Canadian Solar updated its business outlook for the third quarter of 2015 to reflect higher than expected solar demand in the quarter and the sale of 51 percent of the 200 MW Tranquillity solar power project in California by the company’s wholly owned subsidiary, Recurrent Energy, to Southern Power, aRead More — Solar Builder magazine