SolarEdge Technologies, Inc. (SEDG)

[l2 hunter]

SEDG EARNINGS OUT!!! VERY STONG INCREASE ALL OVER IN 2016 vs. 2015. NICE!!!! SEDG EXTREMLY UNDERVALUED!!!

Full Fiscal Year 2016 Summary

For the full fiscal year 2016, the Company reported:

Revenue of $489.8 million, representing a 50.7% increase from fiscal year 2015
Gross margin of 31.0%, compared to 25.2% in fiscal year 2015
Operating expenses of $80.2 million, up 49.8% from fiscal year 2015
Operating income of $71.8 compared to $28.3 million in fiscal year 2015
GAAP net income of $76.6 million, compared to $21.1 million in fiscal year 2015
Non-GAAP net income of $79.3 million, compared to $29.4 in fiscal year 2015
GAAP net diluted EPS of $1.73, compared to $0.27 in fiscal year 2015
Non-GAAP net diluted EPS of $1.74, compared to $0.77 in fiscal year 2015
Outlook for the First Fiscal Quarter 2017

The Company also provides guidance for the first fiscal quarter of 2017 as follows:

Revenues to be within the range of $130 million to $139 million;
Gross margins to be within the range of 30% to 32%.