Option Millionaires

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SolarEdge reports Q1 EPS ($1.90), consensus ($1.57)
Reports Q1 revenue $204.4M, consensus $195.98M. "Our first quarter results were aligned with our expectations of inventory clearing and typical seasonality," said Zvi Lando, Chief Executive Officer of SolarEdge. "As we enter spring when installations historically tend to rise, we expect channel inventory to continue to decline and revenues to improve. In parallel, we are focused on a suite of new products that we plan to release in the next several quarters to position ourselves for the next growth cycle in our industry."