Enphase Energy (NASDAQ: ENPH) reported Q4 EPS of $0.51, $0.11 better than the analyst estimate of $0.40. Revenue for the quarter came in at $264.8 million versus the consensus estimate of $254.8 million.

GUIDANCE:

Enphase Energy sees Q1 2021 revenue of $280-300 million, versus the consensus of $259.8 million.

• GAAP gross margin to be within a range of 37.0% to 40.0%, as there are no remaining tariff refunds pending approval; non-GAAP gross margin to be within a range of 38.0% to 41.0%, excluding stock-based compensation expenses
• GAAP operating expenses to be within a range of $64.0 million to $67.0 million, including $22.0 million estimated for stock-based compensation expenses and acquisition related costs and amortization
• Non-GAAP operating expenses to be within a range of $42.0 million to $45.0 million, excluding $22.0 million estimated for stock-based compensation expenses and acquisition related costs and amortization

For earnings history and earnings-related data on Enphase Energy (ENPH) click here.