The Ministry of Labor calculates that 764,000 Israelis are not in their jobs at the moment, less than the 28% of the workforce at the peak of the Covid pandemic.
The company reported non-GAAP earnings per share of $2.04, up 13% from the corresponding quarter of 2023 and revenue of $598.8 million, up 6% from the corresponding quarter.
The Israeli company's share price fell earlier this week after its US rival Enphase published its financial results showing a slower than expected recovery in the industry.