Enphase Energy (ENPH) Tops Q3 EPS by 1c, Offers Guidance

Enphase Energy (NASDAQ: ENPH) reported Q3 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $99.1 million versus the consensus estimate of $95.1 million.

Enphase Energy sees Q4 2014 revenue of $98-103 million, versus the consensus of $94.1 million.

"At the midpoint of the revenue outlook range, revenue would be up 50 percent, compared to the fourth quarter of 2013. We expect gross margin to be within a range of 31 percent to 33 percent. We also expect non-GAAP operating expenses for the fourth quarter of 2014 to be up 8 to 10 percent, compared to the third quarter of 2014, as we continue to invest in research and development to support new and innovative products and systems."

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

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