GAAP gross margin improved 4% year-on-year, while shipments grew by 345 MW in the latest quarter. Through the acquisition of the US-based UPS provider, the Israeli inverter makes its first move outside of the solar sector.Shipping 800MW (AC) of inverters during the first quarter, Israel-based Solaredge managed to prompt a record revenue of $209 million, a 82% increase year-on-year. Also, the GAAP gross margin reached a solid 37.9%, resulting in a 4% increase year-on-year. The high shipping numbers and record revenues are good news for shareholders, as earnings per share (EPS) climbed to $0.75 ...Den vollständigen Artikel lesen ...