Enphase Energy Reports Financial Results for the First Quarter of 2024
Enphase Energy, Inc. (ENPH)
Last enphase energy, inc. earnings: 2/18 04:05 pm
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US:NASDAQ Investor Relations:
investor.enphase.com
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Source: GlobeNewswire
FREMONT, Calif., April 23, 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 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-GAAP gross margin. We shipped 1,382,195 microinverters, or approximately 603.6 megawatts DC, and 75.5 megawatt hours of IQ® Batteries. Financial highlights for the first quarter of 2024 are listed below: Quarterly revenue of $263.3 millionGAAP gross margin of 43.9%; non-GAAP gross margin of 46.2% with net IRA benefitNon-GAAP gross margin of 41.0%, excluding net IRA benefit of 5.2%GAAP operating loss of $29.1 million; non-GAAP operating income of $39.0 million, which excludes $60.8 million of stock-based compensation and $7.3
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ENPH
News
- INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Enphase Energy, Inc. (ENPH) on Behalf of InvestorsBusiness Wire
- Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Enphase Energy, Inc. (ENPH) on Behalf of InvestorsBusiness Wire
- Breaking News: Johnson Fistel, LLP Launches Investigation into EnphaseGlobeNewswire
- Enphase Energy Expands Deployments of Enphase Energy System with IQ Battery 5P in FloridaGlobeNewswire
- The Law Offices of Frank R. Cruz Announces Investigation of Enphase Energy, Inc. (ENPH) on Behalf of InvestorsBusiness Wire
ENPH
Earnings
- 4/23/24 - Beat
ENPH
Sec Filings
- 5/3/24 - Form 3
- 5/2/24 - Form 4
- 4/26/24 - Form 4
- ENPH's page on the SEC website