Enphase Energy (ENPH) Misses Q4 EPS by 2c, Revenue Beats, Offers Guidance
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Enphase Energy Reports Financial Results for the Fourth Quarter of 2018
February 26, 2019 4:05 PM ESTFREMONT, Calif., Feb. 26, 2019 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the worlds leading supplier of solar microinverters, announced today financial results for the fourth quarter and year-ended 2018, which included the summary below from its President and CEO, Badri Kothandaraman.
Highlights for the quarter included:
Revenue of $92.3 million; IQ 7 shipments at 84% of all microinvertersGAAP gross margin of 30.5%; non-GAAP... More