SolarEdge, which is based in Israel but does most of its business in the US, posted a net profit of $9.3m in the three months to 30 June – its fiscal fourth quarter – compared to a loss of $3m during the same period last year.
The company, which went public in New York this year, was profitable in every quarter during its just-ended 2015 fiscal year, and posted a full-year profit of $21.1m.
Quarterly