Enphase Energy (ENPH) Tops Q1 EPS by 3c
Enphase Energy (NASDAQ: ENPH) reported Q1 EPS of $0.08, $0.03 better than the analyst estimate of $0.05. Revenue for the quarter came in at $100.2 million versus the consensus estimate of $92.45 million.
GUIDANCE:
Enphase Energy sees Q2 2019 revenue of $115-125 million, versus the consensus of $99.3 million.
- GAAP and non-GAAP gross margin to be within a range of 32% to 35%
- GAAP operating expenses to be within a range of $25.0 million to $27.0 million, including a total of approximately $4.0 million estimated for stock-based compensation expenses, additional restructuring expenses and acquisition related expenses and amortization
- Non-GAAP operating expenses to be within a range of $21.0 million to $23.0 million, excluding a total of approximately $4.0 million estimated for stock-based compensation expenses, additional restructuring expenses and acquisition related expenses and amortization
For earnings history and earnings-related data on Enphase Energy (ENPH) click here.
