Enphase increased revenue in 2020

US energy technology company and microinverter manufacturer Enphase Energy Inc. reported revenue of $264.8 million in the fourth quarter of 2020 compared with $210 million in the same period of 2019. Net income was $73.0 million (Q4 2019: $116 million). The company shipped approximately 762 MW dc, or 2,292,132 microinverters (Q4 2019: 677 Megawatt).
For the full year 2020, revenue was $774.4 million, compared to $624.3 million in 2019. Net income was $134 million (2019: $161 million).
For the first quarter of 2021, Enphase Energy estimates revenue to be within a range of $280 million to $300 million.
© PHOTON

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