Enphase Energy Delivers Strong EPS Beat

Enphase Energy reported better-than-expected fourth-quarter results amid growth in the U.S. market.Enphase Energy (ENPH 3.66%), a leader in microinverter technology, released its earnings for the fourth quarter on Feb. 4. The company reported strong financial results, with non-GAAP earnings per share (EPS) of $0.94 significantly outpacing analyst estimates of$0.73. Total revenue also exceeded expectations, coming in at $382.7 million compared to an estimated$377 million. The results reflected an improved ...