Enphase Energy, Inc. (ENPH) Q1 2023 Earnings Call Transcript

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Q1: 2023-04-25 Earnings Summary

EPS of $1.37 beats by $0.15
 | Revenue of $726.02M (64.52% Y/Y) beats by $2.85M

Enphase Energy, Inc. (NASDAQ:ENPH) Q1 2023 Earnings Conference Call April 25, 2023 4:30 PM ET

Company Participants

Karen Sagot - Investor Relations
Badri Kothandaraman - President & Chief Executive Officer
Mandy Yang - Chief Financial Officer
Raghu Belur - Chief Products Officer

Conference Call Participants

Colin Rusch - Oppenheimer
Maheep Mandloi - Credit Suisse
Corinne Blanchard - Deutsche Bank
Brian Lee - Goldman Sachs
Philip Shen - ROTH MKM
Andrew Percoco - Morgan Stanley
Jordan Levy - Truist Securities
Mark Strouse - JPMorgan
Christine Cho - Barclays
Kashy Harrison - Piper Sandler
Eric Stine - Craig-Hallum
Joseph Osha - Guggenheim Partners
Julien Dumoulin-Smith - Bank of America
Pavel Molchanov - Raymond James
Jeff Osborne - TD Cowen
Sophie Karp - KeyBanc
Biju Perincheril - Susquehanna

Operator

Good day, everyone, and welcome to the Enphase Energy's First Quarter 2023 Financial Results Conference Call. [Operator Instructions] Please also note that, today's event is being recorded.

At this time, I'd like to turn the floor over to Karen Sagot. Ma'am, please go ahead.

Karen Sagot

Good afternoon, and thank you for joining us on today's conference call to discuss Enphase Energy's First Quarter 2023 Results. On today's call are Badri Kothandaraman, our President and Chief Executive Officer; Mandy Yang, our Chief Financial Officer; and Raghu Belur, our Chief Products Officer.

After the market closed today, Enphase issued a press release announcing the results for its first quarter ended March 31, 2023. During this conference call, Enphase management will make forward-looking statements, including, but not limited to, statements related to our expected future financial performance, the capabilities of our technology and products and the benefits to homeowners and installers; our operations, including manufacturing, customer service and supply and demand; anticipated growth in existing and new markets; the timing of new product introductions and regulatory matters. These forward-looking statements involve significant risks and uncertainties, and our actual results and the

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