Q4 2024 Enphase Energy Inc Earnings Call
Good afternoon, everyone, and welcome to the Enphase Energy's fourth-quarter 2024 financial results conference call. (Operator Instructions) Please also note today's event is being recorded. At this time, I'd like to turn the floor over to Zach Freedman. Please go ahead.
Enphase Energy Shares Rise After 4Q Results, 1Q Outlook Beat Estimates
Stripping out one-time items, the company's earnings per share came in at 94 cents. Analysts polled by FactSet had forecast adjusted earnings of 73 cents a share. Revenue rose 0.5%, to $382.7 million, beating the $377.2 million expected by Wall Street, according to FactSet.
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We reported quarterly revenue of $382.7 million in the fourth quarter of 2024, along with 53.2% for non-GAAP gross margin. We shipped approximately 2.01 million microinverters, or 878.0 megawatts DC, ...
Enphase Energy's Q4 results exceeded expectations with strong cash flow, but disappointing Q1 guidance may keep shares ...
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