Enphase Q3 EPS and Revenue Miss Estimates; Shares Fall 20.67%
Enphase Energy reported third-quarter non-GAAP EPS of $0.41 versus analysts’ consensus of $0.51, and revenue of $293.3 million versus $304.6 million estimated. Revenue fell from $410.4 million a year earlier. Shares fell 20.67% in premarket trading.
Enphase Energy NASDAQ:ENPH reported third-quarter non-GAAP EPS of $0.41, below the analysts' consensus of $0.51, on revenue of $293.3 million, short of the $304.6 million estimate. Enphase shares fell 20.67% in premarket.Revenue fell from $410.4 million a year earlier and included $85.0 million of…