Enphase Energy Reports Financial Results for the Third Quarter of 2015

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Go back to Enphase Energy Reports Financial Results for the Third Quarter of 2015

Needham & Company Downgrades Enphase Energy (ENPH) to Hold

November 4, 2015 7:32 AM EST

Needham & Company downgraded Enphase Energy (NASDAQ: ENPH) from Strong Buy to Hold.

Analyst Y. Edwin Mok commented, "We are downgrading ENPH from a Strong Buy to Hold following the very weak 4Q guidance, highlighting several structural challenges for the company. We see... More

Canaccord Genuity Downgrades Enphase Energy (ENPH) to Hold

November 4, 2015 7:07 AM EST

Canaccord Genuity downgraded Enphase Energy (NASDAQ: ENPH) from Buy to Hold with a price target of $3.30 (from $9.00).

For an analyst ratings summary and ratings history on Enphase Energy click here. For more ratings news on Enphase Energy click here.

Shares of Enphase Energy closed at $3.72 yesterday.

... More

Enphase Energy (ENPH) Tops Q3 EPS by 5c, Guides Q4 Revenue Well Below Consensus

November 3, 2015 4:42 PM EST

Enphase Energy (NASDAQ: ENPH) reported Q3 EPS of $0.08, $0.05 better than the analyst estimate of $0.03. Revenue for the quarter came in at $102.9 million versus the consensus estimate of $102.95 million.

Enphase Energy sees Q4 2015 revenue of $62-70 million, versus the consensus of $111.67 million.

"We expect revenue for the fourth quarter of... More