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Stock impact report

Why Enphase Plunged On A Day When the Markets Surged [Yahoo! Finance]

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: Yahoo! Finance
Enphase not only missed analyst estimates for the quarter, but also guided below estimates for the current second quarter. Moreover, tariffs threaten the company's margins later in the year. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » In the first quarter, Enphase reported 35.2% revenue growth to $356.1 million, along with adjusted ( non-GAAP ) earnings per share of $0.68, which was nearly double the year-ago earnings figure. You might think 35% revenue growth and 100% earnings growth is a great number to post, but Enphase was actually lapping a phenomenally bad quarter at the very trough of the solar cycle last year. Thus, analyst expectations were even higher, at $362 million and $0.73 in earnings per share. Moreover, management guided for essentially flat revenue this quarter, in a range between $340 million and $380 million. The midpoint was below analyst estimates of $376 million. Show less Read more
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