SolarEdge Technologies Inc (WBO:SEDG)

€ 44.52 -1.83 (-3.95%) Market Cap: 2.54 Bil Enterprise Value: 2.59 Bil PE Ratio: 0 PB Ratio: 1.18 GF Score: 63/100

Solaredge Technologies Inc at Cowen IRS Summit: Industrial Technology, Robotics & Sustainability Conference (Virtual) Transcript

Jun 01, 2020 / 06:30PM GMT

Transcript

Jeffrey David Osborne

Cowen and Company, LLC, Research Division - MD & Senior Research Analyst

Hey, everybody. It's Jeff Osborne over at Cowen, sustainable energy analyst. Thanks for tuning in. Very happy to have live from Israel, Ronen Faier, the CFO of SolarEdge, joining us for our virtual conference that we've got going on this week. But maybe just to kick things off, Ronen. I imagine many in the audience are familiar with SolarEdge. But for those that aren't, is there a way you could just introduce yourself and the company for a minute or 2 on what you're up to, and I certainly had a series of questions to dive into.

Ronen Faier

SolarEdge Technologies, Inc. - CFO

Okay. Great. So my name is Ronen, Chief Financial Officer of SolarEdge for the last 10 years. I started when the company was about $60 million revenue, 100 employees. Today, we're at about $1.4 billion annually and 2,700 employees.

The company started its way as an inverter company. We developed a technology we call DC optimized solutions that allows solar energy to be harvested in

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