After pricing its 9M share IPO at $6, Enphase Energy (ENPH) opened at $7.40 and is now trading...

|About: Enphase Energy Inc. (ENPH)|By:, SA News Editor

After pricing its 9M share IPO at $6, Enphase Energy (ENPH) opened at $7.40 and is now trading at $7.32, up 22%. That gives gives the maker of solar microinverters a valuation of $273M. Enphase generated 2011 revenue of $149.5M (+143% Y/Y), but also a net loss of $32.3M. Its solutions convert power more efficiently than traditional solar inverters from the likes of SATC and PWER, but are also costlier. (S-1)