Enphase Energy (ENPH) Tops Q4 EPS by 4c

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Enphase Energy Reports Financial Results for the Fourth Quarter and Fiscal Year 2014

February 17, 2015 4:01 PM EST

Record revenue and gross margin drive profitability in the fourth quarter

PETALUMA, Calif., Feb. 17, 2015 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (Nasdaq: ENPH) announced today financial results for the fourth quarter and year ended December 31, 2014.

Fourth Quarter 2014 Financial Highlights

Record revenue of $105.2 million, up 57 percent year-over-year   Shipped 180MW (AC) of microinverter systems, up 67 percent year-over-year   Record non-GAAP gross margin of 33.5 percent, up 120 basis points year-over-year   Record non-GAAP operating income of $4.8 million   Non-GAAP net income of $3.5 million   Non-GAAP diluted earnings per... More