CORRECTION: SolarEdge Technologies Q2 Adj. EPS $0.05 Beats $(0.00) Estimate, Sales $346.245M Beat $340.945M Estimate

SolarEdge Technologies (NASDAQ:SEDG) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $(0.00) by Infinity percent. This is a 106.17 percent increase over losses of $(0.81) per share from the same period last year. The company reported quarterly sales of $346.245 million which beat the analyst consensus estimate of $340.945 million by 1.55 percent. This is a 19.63 percent increase over sales of $289.429 million the same period last year.