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.

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