Enphase Energy's Revenue Outlook Disappoints, Stock Falls Over 15%.
TL;DR Summary
Enphase Energy's Q1 earnings beat Wall Street expectations, with revenue jumping over 60% to $726 million. However, the energy technology company's stock fell over 15% in after-hours trading as it called for lower-than-expected revenue in the current quarter. Enphase Energy makes microinverters and other solar-power products.
- Enphase stock falls more than 15% as revenue outlook disappoints MarketWatch
- Stocks making the biggest moves after hours: Enphase Energy, PacWest Bancorp, Chipotle, Microsoft and more CNBC
- Enphase Energy forecasts second-quarter revenue below estimates, shares fall Yahoo Finance
- Enphase Energy Non-GAAP EPS of $1.37 beats by $0.15, revenue of $726.02M beats by $5.51M Seeking Alpha
- Enphase Energy Reports Financial Results for the First Quarter of 2023 GlobeNewswire
- View Full Coverage on Google News
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