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Friday, February 16, 2018

Enphase Energy (ENPH) reported earnings on Tue 27 Feb 2018 (a/h)

** charts before earnings **


** charts after earnings **


Enphase Energy beats by $0.02, beats on revs; guides Q1 revs in-line 
  • Reports Q4 (Dec) earnings of $0.01 per share, $0.02 better than the Capital IQ Consensus of ($0.01); revenues fell 12.1% year/year to $79.67 mln vs the $75.62 mln Capital IQ Consensus.
    • Non-GAAP gross margin was 24.2%, an increase of 240 basis points from 21.8% in the prior quarter. The increase was primarily due to the IQ 6 transition in North America, supply chain optimization and pricing management.
  • Co issues in-line guidance for Q1, sees Q1 revs of $65-70 mln vs. $65.19 mln Capital IQ Consensus Estimate.

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