Enphase Energy increased revenue and improved income
Post date: 01/08/2019 - 16:09
US energy technology company and microinverter manufacturer Enphase Energy Inc. achieved second quarter revenue of $134.1 million, an increase of 34 percent sequentially and an increase of 77 percent year-over year (Q2 2018: $75 million). The company shipped 416 MW (1,283,680 microinverters). Net income was $10.6 million compared to loss of $3.7 million in the same quarter of last year.
For the third quarter of 2019, Enphase Energy estimates revenue to be within a range of $170 million to $180 million.