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Stock impact report

Enphase Energy Reports Financial Results for the Second Quarter of 2021

Enphase Energy, Inc. (ENPH) 
Last enphase energy, inc. earnings: 2/18 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.enphase.com
Company Research Source: GlobeNewswire
FREMONT, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, announced today financial results for the second quarter of 2021, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $316.1 million in the second quarter of 2021, along with 40.8% for non-GAAP gross margin. We shipped approximately 2,362,401 microinverters, or 796 megawatts DC, and 43 megawatt hours of Enphase Storage systems. Financial highlights for the second quarter of 2021 are listed below. Revenue of $316.1 millionGAAP gross margin of 40.4%; non-GAAP gross margin of 40.8%GAAP operating income of $59.4 million; non-GAAP operating income of $77.2 millionGAAP net income of $39.4 million, non-GAAP net income of $74.7 millionGAAP diluted earnings per share of $0.28; non-GAAP diluted earnings per share Show less Read more
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