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SolarEdge Q3 Results Miss Expectations; Analysts Warn Of Cash Flow Challenges And Need For Cost Cuts

By Yahoo! Finance   |   Nov 7, 2024 at 02:41 PM EST
SolarEdge Q3 Results Miss Expectations; Analysts Warn Of Cash Flow Challenges And Need For Cost Cuts

The company reported a decrease in third-quarter revenues to $260.9 million, with solar segment revenues at $247.5 million. Analysts suggest challenges ahead due to cash flow issues and recommend capital raise and cost cuts for survival. Market experts have mixed opinions on the stock's performance.

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