Enphase Energy (ENPH) Tops Q1 EPS by 16c, Guidance Misses

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Go back to Enphase Energy (ENPH) Tops Q1 EPS by 16c, Guidance Misses

Enphase Energy Reports Financial Results for the First Quarter of 2023

April 25, 2023 4:05 PM EDT

FREMONT, Calif., April 25, 2023 (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 first quarter of 2023, which included the summary below from its President and CEO, Badri Kothandaraman.

We reported quarterly revenue of $726.0 million in the first quarter of 2023, along with 45.7% for non-GAAP gross margin. We shipped 4,830,589... More