What's Going On With SolarEdge Technologies Stock Wednesday?
What's Going On With SolarEdge Technologies Stock Wednesday?
"The decision to close our Energy Storage division was the result of a thoughtful analysis of our portfolio of businesses and product lines, industry trends, and the competitive environment," said interim CEO SolarEdge Technologies, Inc. (NASDAQ:SEDG) shares are trading higher. The company announced plans to cease all activities of its energy storage division and reduce its workforce by about 500 employees. Here's what you need to know.
SolarEdge Technologies, Inc.（納斯達克：SEDG）股價上漲。該公司宣佈計劃停止其能源存儲部門的所有活動，並裁減約500名員工。以下是您需要了解的信息。
What To Know: In a new press release Wednesday, SolarEdge stated it was shutting down its energy storage division to prioritize its solar operations. The move will result in a workforce reduction of approximately 500 employees, largely located in South Korea.
要點：在週三的一份新新聞稿中，SolarEdge表示，將關閉其能源存儲部門，以優先考慮其太陽能業務。這一舉措將導致約500名員工被裁減，主要位於韓國。
The closure is expected to result in quarterly operating expense savings of approximately $7.5 million, with full savings anticipated to be realized by the second half of 2025. In addition, the company plans to sell assets related to its storage division, including manufacturing facilities for battery cells and packs.
關閉預計每季度將節省約750萬美元的運營費用，預計到2025年下半年實現全部節省。此外，該公司計劃賣出與其存儲部門相關的資產，包括電池單元和電池組的製造設施。
"The decision to close our Energy Storage division was the result of a thoughtful analysis of our portfolio of businesses and product lines, industry trends, and the competitive environment," said interim CEO Ronen Faier.
"關閉我們的能源存儲部門的決定是對我們業務和產品線組合、行業趨勢以及競爭環境的深思熟慮分析的結果，"臨時首席執行官Ronen Faier表示。
"The measures also represent continued execution of two of our main priorities: financial stability through cost reduction, return to cash flow positivity and profitability; and focus on our core business lines of solar, PV-attached storage and energy management capabilities. I wish to thank our Energy Storage division employees for all of their efforts in building this business."
「這些措施還代表了我們兩個主要優先事項的持續執行：通過降低成本實現財務穩定，實現現金流正向和盈利能力；並專注於我們的核心業務領域，包括太陽能，光伏附帶存儲和能源管理能力。我要感謝我們能源存儲部門的員工爲建設這個業務所做的所有努力。」
SEDG Price Action: At the time of writing, SolarEdge stock was up 8.69% at $14.88, according to data from Benzinga Pro.
SEDG價格走勢：根據Benzinga Pro的數據，截至撰寫時，SolarEdge股票上漲了8.69%，報14.88美元。
Image: via Pixabay
圖片：來自Pixabay
譯文內容由第三人軟體翻譯。
