Enphase: 3 Reasons Why I Own Shares - Profitability Is One Of Them
Enphase(ENPH) Seeking Alpha·2024-06-30 06:37Investment Thesis Exhibit A: Enphase & SolarEdge trail the markets so far in 2024. (SA) Quick recap of Enphase's business model Exhibit B: Enphase's products in a residential house setting (Investor Presentation) As Enphase wraps up the last month of its Q2 FY24 quarter, it will be lapping a torrid trail of four quarters of revenue decline after demand plunged since Q3 of last year, as indicated in Exhibit C below. The convergence of several headwinds at the time contributed to killing the demand momentum t ...