After stellar financial results in 2023, SMA Solar shares are down almost 90% from their peak in June 2023 and 80% YTD. The company achieved record revenue and profit quadrupled in 2023, but guidance ...

SMA Solar plans to cut costs of €150-200 million (US$168-224 million). Image: SMA Solar. German solar inverter manufacturer SMA Solar has announced plans to conduct a “company-wide restructuring and ...

SMA Solar Technology AG (ETR:S92G) on Tuesday reported preliminary fourth-quarter results that exceeded revenue expectations while delivering in-line profitability, though the company’s unusually wide ...

SMA Solar Technology achieved 78.64% revenue growth in FY23 but faced a 73.55% YTD market price collapse in FY24 due to oversupply from Chinese manufacturers. Despite market challenges, SMA's Large ...

SMA Solar Technology has reported a steep decline in sales and profits for the first three quarters of 2024. Revenue dropped by 26% to €1.06 billion, with a more significant 77% decrease in earnings ...

German solar inverter manufacturer SMA Solar will cut 350 jobs in 2026 as it adapts to the “weak” residential PV market. SMA will scrap 300 jobs in Germany and 50 internationally over the course of ...

SMA Solar Technology AG has launched a “group-wide restructuring and transformation program.” The board hopes to achieve cost savings of an estimated €150 million to €200 million. “With the ...

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced that in a patent infringement case filed by ...

(RTTNews) - SMA Solar Technology AG (SMTGF.PK), a German solar energy equipment supplier, reported Thursday that its first-half net income declined to 44.1 million euros from last year's 103.5 million ...

June 19 (Reuters) - Shares in German solar power parts supplier SMA Solar Technology AG (S92G.DE), opens new tab plunged by 31.7% on Wednesday after it cut its profit guidance on Tuesday night, citing ...

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo” or “Company”), a leading provider of intelligent solar and energy software solutions, today announced that it has reached a ...

(RTTNews) - SMA Solar Technology AG (SMTGF.PK) reported that its fiscal 2023 net income rose to 225.7 million euros from 55.8 million euros, prior year. Earnings per share increased to 6.50 euros from ...