Enphase forecasts Q1 revenue above expectations, shares rise
Solar inverter maker Enphase Energy forecast first-quarter revenue above market estimates on Tuesday, after robust demand helped it post a better-than-expected fourth-quarter operating profit, sending its shares up about 6% after the bell.
Enphase says full-year revenue fell 42% as the residential solar market slumped, but margins improved and US manufacturing expanded significantly.
Shares of Enphase Energy were trading higher after the installer of residential solar panels and storage solutions turned in ...
Enphase Energy is in the process of moving its battery cell manufacturing out of China to avoid tariffs imposed by President Trump, CEO Badri Kothandaraman said.
Enphase Energy reported better-than-expected fourth-quarter results amid growth in the U.S. market.
Enphase Energy Inc., a US solar and battery systems supplier, is in the process of moving its battery cell manufacturing out ...
Enphase Energy's Q4 results exceeded expectations with strong cash flow, but disappointing Q1 guidance may keep shares ...
RBC Capital analyst Christopher Dendrinos lowered the firm’s price target on Enphase Energy (ENPH) to $63 from $71 and keeps a Sector Perform ...
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