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Why Enphase Energy (ENPH) Stock Surged 21% and What Analysts Have to Say About It

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Enphase Energy Reports Financial Results for the Third Quarter of 2021

October 26, 2021 4:05 PM EDT

FREMONT, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the worlds leading supplier of microinverter-based solar and battery systems, announced today financial results for the third quarter of 2021, which included the summary below from its President and CEO, Badri Kothandaraman.

We reported record quarterly revenue of $351.5 million in the third quarter of 2021, along with 40.8% for non-GAAP gross margin. We... More