Shares of solar power systems company SolarEdge (NASDAQ:SEDG) jumped 35.2% in the pre-market session after the company reported impressive fourth-quarter results, which blew past analysts' revenue expectations.

Solar power systems company SolarEdge (NASDAQ:SEDG) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 37.9% year on year to $196.2 million. On the other hand, next quarter’s revenue guidance of $205 million was less impressive,