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Oppenheimer Upgrades Enphase Energy (ENPH) to Outperform

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Enphase Energy Reports Financial Results for the Third Quarter of 2016

November 1, 2016 4:06 PM EDT

PETALUMA, Calif., Nov. 01, 2016 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today financial results for the third quarter ended September 30, 2016.

Enphase Energy reported total revenue for the third quarter of 2016 of $88.7 million, an increase of 12 percent compared to the second quarter of 2016. During the third quarter of 2016, Enphase sold 204MW (AC) or 869,000 microinverters, an increase in... More