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Money

SolarEdge (SEDG) Experiences Departure of CFO

Madisony
Last updated: March 20, 2026 10:35 am
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SolarEdge (SEDG) Experiences Departure of CFO
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SolarEdge Applied sciences, Inc. (NASDAQ:SEDG) is without doubt one of the Goldman Sachs Photo voltaic and Inexperienced Power Shares: High 10 Inventory Picks.

On March 10, 2026, SolarEdge Applied sciences, Inc. (NASDAQ:SEDG) reported that Chief Monetary Officer Asaf Alperovitz will go away to pursue a CFO place in a publicly traded firm exterior the trade. In response to the company, Alperovitz knowledgeable the board of administrators of his determination and can proceed in his position till June 9, 2026, to assist operations and the management transition. The board has initiated a seek for a successor. SolarEdge additionally reiterated its first-quarter monetary steering.

SolarEdge Applied sciences, Inc. (NASDAQ:SEDG) anticipates first-quarter 2026 income of $290 million to $320 million, with a non-GAAP gross margin of 20% to 24% and non-GAAP working bills of $88 million to $93 million.

SolarEdge (SEDG) Experiences Departure of CFO

On February 18, 2026, SolarEdge Applied sciences, Inc. (NASDAQ:SEDG) introduced fourth-quarter income of $335.4 million and full-year income of $1.18 billion, a 31% improve over 2024. The company reported a GAAP internet lack of $132.1 million for the quarter and $405.4 million for 2025. Money move from working actions totaled $52.6 million within the quarter and $104.3 million for the 12 months, leading to free money move of $43.3 million and $76.9 million. The corporate’s quarterly gross sales rose by 70% 12 months over 12 months.

SolarEdge Applied sciences, Inc. (NASDAQ:SEDG) develops vitality applied sciences and delivers inverter options. The corporate operates in two segments: photo voltaic and all different.

Whereas we acknowledge the potential of SEDG as an funding, we imagine sure AI shares supply larger upside potential and carry much less draw back danger. When you’re on the lookout for an especially undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.

READ NEXT: 33 Shares That Ought to Double in 3 Years and 15 Shares That Will Make You Wealthy in 10 Years.

Disclosure: None. Comply with Insider Monkey on Google Information.

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