Enphase sizzles after Q4 earnings topper, upbeat Q1 revenue guidance

Feb. 07, 2023 4:56 PM ETEnphase Energy, Inc. (ENPH)SPWR, FSLR, SEDG, RUN, NOVABy: Carl Surran, SA News Editor17 Comments

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Enphase Energy (NASDAQ:ENPH) +8.9% post-market Tuesday after reporting better than expected Q4 adjusted earnings and guiding Q1 above analyst estimates.

Q4 net income climbed to $153.8M, or $1.06/share, from $115M, or $0.80/share, in the year-ago period, as revenues reached a quarterly record $724.7M, along with 43.8% gross margin, above 41.8% analyst

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