CORRECTION: Enphase Energy Q2 Adj. EPS $0.46, Inline, Sales $291.854M Beat $289.917M Estimate
Enphase Energy (NASDAQ:ENPH) reported quarterly earnings of $0.46 per share which met the analyst consensus estimate. This is a 33.33 percent decrease over earnings of $0.69 per share from the same period last year.
Enphase Energy made a bit more money than people expected this quarter, which is good news. But they earned less per share than last year, so the company is making smaller profits even though sales grew.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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