Enphase Shares Drop 16% After Q3 Results Miss, Cautious Forecast
Enphase Energy shares fell about 16% in after-hours trading after the company reported third-quarter results below expectations and issued a cautious fourth-quarter forecast.
Shares of Enphase Energy (ENPH) tumbled about 16% in after-hours trading on Tuesday after the solar technology company reported third-quarter results that missed expectations and issued a cautious fourth-quarter forecast.ENPH Weighed Down By Soft DemandRevenue reached $293.3 million, up slightly fr…