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Enphase Energy (ENPH) Lags Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-23 22:21
Enphase Energy (ENPH) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.67%. A quarter ago, it was expected that this solar technology company would post earnings of $0.54 per share when it actually produced earnings of $0.54, delivering no surprise.Over the last four quarters, the ...
Enphase(ENPH) - 2024 Q1 - Quarterly Report
2024-04-23 20:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Delaware 20-4645388 47281 Bayside Parkway Fremont, CA 94538 (Address of principal executive offices, including zip code) (707) 774-7000 (Registrant's telephone number, including area code) Not Applicable Form 10-Q | (Mark One) | | | --- | --- | | ☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | ...
Enphase(ENPH) - 2024 Q1 - Quarterly Results
2024-04-23 20:06
Enphase Energy Reports Financial Results for the First Quarter of 2024 FREMONT, Calif., April 23, 2024 - Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today financial results for the first quarter of 2024, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $263.3 million in the first quarter of 2024, along with 46.2% for non-GA ...
Enphase Energy Partners with Octopus Energy Group in the United Kingdom
Newsfilter· 2024-04-22 12:00
FREMONT, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today a new strategic relationship with global energy and tech company, Octopus Energy Group. The parties will focus on deploying Enphase IQ8™ Microinverters and IQ™ Battery 5P™ in the United Kingdom. Octopus Energy's retail customers in the United Kingdom can now integrate Enphase's home solar ...
Invest in the Planet: 3 Sustainable Stocks for Earth Day 2024
InvestorPlace· 2024-04-19 15:17
As Earth Day 2024 approaches, it’s the perfect time to reflect on how we can invest in the planet and our future. For those looking to make a positive impact with their investments, sustainable stocks offer a compelling opportunity.These companies not only prioritize environmental conservation and sustainability but also deliver strong financial returns. This Earth Day 2024, consider investing in three sustainable stocks that are helping to build a greener future while potentially growing your wealth.The hi ...
Enphase Energy Launches IQ Combiner Lite for Social Housing in the Netherlands
Newsfilter· 2024-04-18 12:00
FREMONT, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced the launch of the IQ® Combiner Lite in the Netherlands to simplify installation and commissioning of small-scale solar installations on homes categorized as "social housing," where rent is capped by the Dutch government to increase accessibility for people with low incomes. The Netherlands ...
Enphase Energy (ENPH) to Post Q1 Earnings: What's in Store?
Zacks Investment Research· 2024-04-17 13:56
Enphase Energy, Inc. (ENPH) is scheduled to report first-quarter results on Apr 23, after the closing bell.In the last reported quarter, the company’s earnings came in line with the Zacks Consensus Estimate. Enphase Energy has a trailing four-quarter average earnings surprise of 7.24%.Factors to NoteSolid shipment of batteries backed by a solid demand trend in the solar market is expected to have contributed favorably to ENPH’s top-line growth.  Region-wise, the Netherlands, France, Germany and Europe are l ...
Enphase Energy (ENPH) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-04-16 22:56
Enphase Energy (ENPH) closed at $110.59 in the latest trading session, marking a -1.67% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.03%. Meanwhile, the Dow gained 0.41%, and the Nasdaq, a tech-heavy index, added 0.12%.Shares of the solar technology company have appreciated by 1.15% over the course of the past month, underperforming the Oils-Energy sector's gain of 4.4% and outperforming the S&P 500's loss of 0.9%.Analysts and investors alike will be keeping a clos ...
New AI Bot Predicts These 7 Stocks Will Mint Millionaires
InvestorPlace· 2024-04-12 17:53
You may have heard about GPT-4 Turbo, Gemini, Llama or X’s (formerly Twitter) Grok. However, there is a new contender outside of these Big Tech models in town. It’s called Claude, created by Anthropic. The company recently released Claude 3 models and claims its premium “Opus” model is smarter than all other AI bots. Many people have touted it as the most intelligent AI available right now. Moreover, it has access to events up to August 2023, making it more up-to-date than other models.Could Claude’s stock ...
Enphase Energy (ENPH) Declines More Than Market: Some Information for Investors
Zacks Investment Research· 2024-04-10 22:56
In the latest market close, Enphase Energy (ENPH) reached $119.60, with a -1.95% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.95%. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq lost 0.84%.The solar technology company's shares have seen an increase of 0.81% over the last month, not keeping up with the Oils-Energy sector's gain of 8.7% and the S&P 500's gain of 1.78%.Market participants will be closely following the financial results of Enp ...