Enphase Energy (ENPH) Tops Q1 EPS by 5c, Offers Q2 Guidance

Enphase Energy (NASDAQ: ENPH) reported Q1 EPS of $0.38, $0.05 better than the analyst estimate of $0.33. Revenue for the quarter came in at $205.5 million versus the consensus estimate of $202.23 million.

GUIDANCE:

Enphase Energy sees Q2 2020 revenue of $115-130 million, versus the consensus of $150.6 million.

• Revenue to be within a range of $115 million to $130 million
• GAAP and non-GAAP gross margin to be within a range of 37% to 40%
• GAAP operating expenses to be within a range of $33 million to $35 million, including $7.5 million estimated for stock-based compensation expenses and acquisition related amortization
• Non-GAAP operating expenses to be within a range of $25.5 million to $27.5 million, excluding $7.5 million estimated for stock-based compensation expenses and acquisition related amortization

For earnings history and earnings-related data on Enphase Energy (ENPH) click here.

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