NEW YORK, May 14, 2015 /PRNewswire/ --
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Moments ago, Analysts Review released new research updates concerning several important developing situations including SolarEdge Technologies, Inc. (NASDAQ: SEDG), Revolution Lighting Technologies, Inc. (NASDAQ: RVLT), Sigma Designs, Inc. (NASDAQ: SIGM), ReneSola Ltd. (NYSE: SOL), and OPOWER, Inc. (NYSE: OPWR). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
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Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
SEDG Research Report: ( http://get.analystsreview.com/pdf/?c=SolarEdge%20Technologies&d=14-May-2015&s=SEDG ),
RVLT Research Report: ( http://get.analystsreview.com/pdf/?c=Revolution%20Lighting%20Technologies&d=14-May-2015&s=RVLT ),
SIGM Research Report: ( http://get.analystsreview.com/pdf/?c=Sigma%20Designs&d=14-May-2015&s= SIGM )
SOL Research Report: ( http://get.analystsreview.com/pdf/?c=ReneSola%20Ltd.&d=14-May-2015&s=SOL )
OPWR Research Report: ( http://get.analystsreview.com/pdf/?c=OPOWER&d=14-May-2015&s=OPWR ).
Analyst Update: Financial & Operational Results
U.S. stocks closed virtually flat on Wednesday, amid disappointing monthly retail sales data. The Dow Jones Industrial Average fell 0.04%, to finish at 18,060.49, the S&P 500 edged down 0.03%, to 2,098.48, while the NASDAQ Composite rose modestly by 0.11%, to end the session at 4,981.69. European stocks mostly closed lower on Wednesday, despite positive economic growth data. Germany's DAX 30 declined 1.05%, and France's CAC 40 slipped 0.26%. In contrast, London's FTSE 100 closed 0.23% higher on Wednesday, mainly reflecting upbeat unemployment data. Meanwhile, Asian markets were mixed on Wednesday, amid weaker Chinese economic data. The Shanghai Composite and Hong Kong's Hang Seng were both down on Wednesday, while Japan's Nikkei closed higher.
SolarEdge Technologies, Inc. announced its third quarter 2015 financial results for the period ended March 31, 2015 on May 7, 2015. The Company's revenue of $86.4 million reflected an increase of $13.1 million or 17.9% sequentially and an increase of $55.8 million or 182.7% year-over-year.
On May 11, 2015, Revolution Lighting Technologies, Inc announced financial results for first quarter 2015 (period ended March 31, 2015). Reported revenues were $20.3 million, representing an increase of 310% from $5.0 million in Q1 2014. Gross profit figures came in at $7.2 million, marking an increase of $5.5 million over 2014.
In a press release dated April 1, 2015, Sigma Designs, Inc., a provider of system-on-chip (SoC) solutions reported financial results for its fourth quarter 2015. Reported net revenues were $54.8 million, up $1.1 million or 2% from $53.8 million in Q3 2015, and were $16.3 million or 42% higher from $38.5 million in Q4FY14.
On March 4, 2015, ReneSola Ltd. announced its fourth quarter 2014 financial results. Reported net revenues were $387.0 million, up 3.9% from $372.5 million in Q3 FY14 while down 11.8% from $438.8 million on Y-o-Y basis. Gross profit for the quarter was $51.2 million, which indicated a fall of 10.33% from $57.1 million in Q3 FY14 and a marginal increase of 3.01% from $49.7million in Q4 FY13.
On May 11, 2015, Opower, a global leader in cloud-based software for the utility industry, announced its financial results for the first quarter of 2015. Beating the expectations for revenue and the bottom line, the Company reported revenues as $33.4 million, marking an increase of 17% on Y-o-Y basis. Reported net loss was $11.0 million versus $7.0 million for the same quarter previous year.
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