2024 Q1 Result: Battery Maker Exide Sales Rose 6%, Profit Grows 16% Updated On Wed, Jul 31st, 2024 by Saurenergy Leading battery maker Exide Industries has reported a 6% increase in sales and a 16% rise in profit before tax for the first quarter of the financial year 2024-25. Exide’s revenue from operations grew by 5.9% in Q1 2025, driven by volume increases across business verticals. Operating profitability also improved despite rising commodity prices. EBITDA […] Read more
Vestas Reports Drop in Earnings in Q1 Results Updated On Thu, May 9th, 2019 by Saurenergy Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […] Read more
STMicroelectronics Reports First Quarter Financial Results Updated On Thu, Apr 25th, 2019 by Saurenergy The company reported first-quarter net revenues of $2.08 billion, gross margin of 39.4%, operating margin of 10.2%, and net income of $178 million or $0.20 diluted earnings per share. STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has reported its financial results for the first quarter ended March 30, 2019. […] Read more
SolarEdge Revenue Surges 82% at $209.9 Mn in Q1 Updated On Fri, May 11th, 2018 by Saurenergy Strong first quarter results with record revenues and record profitability, despite the traditional seasonal slowdown and continued industry wide components shortages, says Guy Sella. Israel-based inverter solutions provider SolarEdge Technologies reported its robust total revenue jumped by 82 percent at USD 209.9 million in the first quarter of 2018 from USD 115.1 million last year, and rose 11 […] Read more
