Enphase Energy (ENPH) Misses Q3 EPS by 1c; Sharply Lowers Outlook

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Enphase Energy Reports Financial Results for the Third Quarter of 2023

October 26, 2023 4:05 PM EDT

FREMONT, Calif., Oct. 26, 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 third quarter of 2023, which included the summary below from its President and CEO, Badri Kothandaraman.

We reported quarterly revenue of $551.1 million in the third quarter of 2023, along with 48.4% for non-GAAP gross margin. We shipped... More