From Financial Modeling Prep: 2025-04-23 13:57:00

Enphase Energy (NASDAQ:ENPH) saw its shares drop over 13% today after missing Wall Street expectations for Q1 2025. The company reported adjusted earnings of $0.68 per share, slightly below the $0.70 estimate. Revenue of $356.1 million marked a 35% increase from the previous year.

For the current quarter, Enphase Energy anticipates revenue of $340 million to $380 million, with the midpoint falling short of market expectations at $360 million. This forecast includes approximately $40 million in safe harbor revenue, disappointing investors.



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