Enphase Energy (ENPH) Q2 Earnings Miss, Revenues Down Y/Y

Financial Details Enphase Energy generated cash and cash equivalents worth $252.1 million as of Jun 30, 2024 compared with$288.7 million as of Dec 31, 2023. Cash flow from operating activities amounted to $127.1 million as of Jun 30, 2024 compared with$269.2 million in the prior-year period. Q3 Guidance For the third quarter of 2024, ENPH expects revenues in the range of $370-$410 million. The Zacks Consensus Estimate for third-quarter revenues is pegged at $408.1 million, which lies above the midpoint of ...