$SEDG Third Quarter 2019 Highlights
• Record revenues of $410.6 million
• Record revenues from solar products of $387.8 million
• GAAP gross margin of 33.9%
• GAAP gross margin from sale of solar products of 35.0%
• Non-GAAP gross margin from sale of solar products of 35.4%
• GAAP net income of $41.6 million
• Record Non-GAAP net income of $63.6 million
• GAAP net diluted earnings per share (“EPS”) of $0.81
• Record Non-GAAP net diluted EPS of $1.21
• 1.5 Gigawatts (AC) of inverters shipped