Why Are SolarEdge (SEDG) Shares Soaring Today [Yahoo! Finance]
INFINEON TECHS AG S/ADR (IFNNY)
NASDAQ:AMEX Investor Relations:
infineon.com/cms/en/about-infineon/investor
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Source: Yahoo! Finance
session after the stock's positive momentum continued as it reported better-than-expected third-quarter financial results, where both revenue and earnings surpassed analyst forecasts. The solar technology company posted revenue of $340.2 million, a strong 44.5% increase compared to the same period in the previous year and above the projected $330.29 million. While SolarEdge reported a loss of $0.31 per share, this was narrower than the $0.41 loss that analysts had anticipated. Adding to the positive news, the company also announced a new collaboration with Infineon Technologies to help power data centers. Is now the time to buy SolarEdge? Access our full analysis report here What Is The Market Telling Us SolarEdge's shares are extremely volatile and have had 95 moves greater than 5% over the last year. But moves this big are rare even for SolarEdge and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was
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- InnoScience has Announced the Company's Victory in Its Lawsuit with Infineon [Yahoo! Finance]Yahoo! Finance
- U.S. International Trade Commission rules in favor of Infineon in one patent infringement case against Innoscience [Yahoo! Finance]Yahoo! Finance
- U.S. International Trade Commission rules in favor of Infineon in one patent infringement case against Innoscience [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- U.S. International Trade Commission rules in favor of Infineon in one patent infringement case against InnosciencePR Newswire
- U.S. International Trade Commission rules in favor of Infineon in one patent infringement case against InnosciencePR Newswire