After four layoffs, the veteran photovoltaic company substantially reduced its losses!

2026-05-12 17:34:31

On May 6, SolarEdge, a photovoltaic inverter supplier, disclosed its financial results for the first quarter of 2026.

On May 6, photovoltaic data showed that SolarEdge achieved revenue of $ 310.5 million during the reporting period." Down 7.4% from $ 335.4 million in the fourth quarter of 2025; The net profit loss was $ 57.4 million, down sharply

from a net loss of $ 132.1 million in the fourth quarter of 2025. SolarEdge sold a total of about 5.

After 4 layoffs, the veteran photovoltaic company has sharply reduced its losses!

According to Digital New Energy Data. The details are as follows:

First, at 0 HTML0 UNK1 5 January 2024 0 HTML0 UNK1 6, due to the sharp decline in stock prices and sales, the company announced layoffs of about 0 HTML0 UNK1 7900 0 HTML0 UNK1 8, accounting for about 16% of the total number of employees; 0 HTML0 UNK1 9 Following 0 HTML0 UNK2 6 Months Later 0 HTML0 UNK2 1, SolarEdge Announces Layoffs 0 HTML0 UNK2 2400 0 HTML0 UNK2 3; 0 HTML0 UNK2 4 Next in 0 HTML0 UNK2 5 November 2024 0 HTML0 UNK2 6, SolarEdge announced the closure of the

Now, after a series of layoffs, SolarEdge's net loss has increased from more than $ 1.8 billion in 2024. Down to about 4 in 2025. Today, the company lost just $ 57.4 million in the first quarter of 2026.

Looking ahead, SolarEdge said it expects to achieve a "near breakeven operating profit" at the "midpoint" of its second-quarter guidance. The company expects second-quarter revenue of $325 million to $325 million.

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On May 6, SolarEdge, a photovoltaic inverter supplier, disclosed its financial results for the first quarter of 2026.

2026-05-12 17:34:31

On June 30, the Economic and Credit Department of Hubei Province announced four capacity replacement schemes for phosphogypsum acid co-production cement clinker projects, with a total annual clinker production capacity of 2.35 million tons, all of which are equivalent replacement projects, all of which come from Huaxin Building Materials, and all of which started construction within the year.