Why SolarEdge Technologies' Quarter May Not Have Been a Blowout
The COVID-19 pandemic is going to make it difficult to gauge just how well companies in the solar industry are doing. Installations are going to be lower than they would have been otherwise, especially in the residential industry, where face-to-face sales have often been the key to closing sales.
When SolarEdge Technologies (NASDAQ: SEDG) reported earnings on Monday, it gave investors a little bit of hope that the industry may actually grow in 2020. And business outside of the U.S. business may actually be booming because COVID-19 is more contained in key markets like Europe and Asia.
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Source Fool.com
