Enphase Energy reported weaker-than-expected first quarter results, with both revenues and profitability coming in slightly below consensus expectations. On a sequential basis, sales were down by approximately 7% which the company attributed to seasonality and softening U.S. demand, partially offset by $54.3 million in safe harbor revenue. During the quarter, Enphase generated $33.8 million in free cash flow and utilized $100.0 million for share buybacks.
Enphase Energy, Inc. (NASDAQ:ENPH ) Q1 2025 Earnings Conference Call April 22, 2025 4:30 PM ET Company Participants Zach Freedman - Investor Relations Badri Kothandaraman - President and Chief Executive Officer Mandy Yang - Chief Financial Officer Raghu Belur - Chief Products Officer Conference Call Participants Praneeth Satish - Wells Fargo Phil Shen - ROTH Capital Partners Brian Lee - Goldman Sachs Mark Strouse - JPMorgan Colin Rusch - Oppenheimer Christine Cho - Barclays Andrew Percoco - Morgan Stanley David Benjamin - Mizuho Julien Dumoulin-Smith - Jefferies Kashy Harrison - Piper Sandler Austin Moeller - Canaccord Genuity Joseph Osha - Guggenheim Partners Operator Good day, and welcome to the Enphase Energy's First Quarter 2025 Financial Results Call. All participants will be in a listen-only mode.
Enphase Energy (ENPH) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.35 per share a year ago.
In the latest trading session, Enphase Energy (ENPH) closed at $52.54, marking a +1.53% move from the previous day.
ENPH's Q1 results are expected to reflect robust top-line performance, driven by new product launches as well as higher shipments of microinverters.
Enphase Energy (ENPH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ENPH launches IQ Battery 5P with FlexPhase in Poland, and extends its presence in Europe's expanding battery storage market.
Zacks.com users have recently been watching Enphase Energy (ENPH) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Enphase Energy stock is significantly undervalued, with a 54% upside potential, supported by strong revenue growth, operating leverage, and a robust balance sheet. The recent earnings report showed a double beat, with a 26.5% YoY revenue increase and a sharp rise in adjusted EPS, highlighting strong profitability. Enphase's growth strategy includes product innovation, such as the new IQ Battery 5P, and geographical expansion into emerging markets like Vietnam and Malaysia.
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In the closing of the recent trading day, Enphase Energy (ENPH) stood at $61.65, denoting a +1.55% change from the preceding trading day.
Zacks.com users have recently been watching Enphase Energy (ENPH) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.