Reports Q1 revenue $310.5M, consensus $305.47M. “Our Q1 results reflect strong execution, continued innovation, and business acceleration, with 46% year-over-year revenue growth and a sixth consecutive quarter of margin expansion,” said Shuki Nir, CEO. “At the midpoint of our Q2 outlook, we expect to be close to breakeven operating profitability. With a return to profitability in sight, we have shifted decisively to offense and are focused on rolling out the SolarEdge (SEDG) Nexis platform and advancing our AI data-center power roadmap.”
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