HaHaSmart Solar NewsMarch 16, 20201494
The solar company SolarEdge finished off the final quarter of 2019 with a record-breaking revenue of $418.2 million, which was a 2% increase from the third quarter and a 59% increase from the same quarter in 2018.
This helped achieve record-breaking revenues of $1.43 billion for the full year of 2019, which was a 52% increase from 2018. Making 2019 the second consecutive year with higher than 50% year-over-year growth.
In the first quarter of 2020 revenues are expected to be in the range of $425 million to $440 million.
Do you think that 2020 will be the third consecutive year with higher than 50% year-over-year growth? Comment below and let us know!
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