Enphase Energy (ENPH) PT Lowered to $135 at Northland Capital Markets

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Go back to Enphase Energy (ENPH) PT Lowered to $135 at Northland Capital Markets

Enphase Energy Reports Financial Results for the Fourth Quarter of 2023

February 6, 2024 4:05 PM EST

FREMONT, Calif., Feb. 06, 2024 (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 fourth quarter of 2023, which included the summary below from its President and CEO, Badri Kothandaraman.

We reported quarterly revenue of $302.6 million in the fourth quarter of 2023, along with 50.3% for non-GAAP gross margin. We shipped 1,595,677... More