Enphase Energy was the biggest decliner in the S&P 500 Wednesday, a day after missing third-quarter profit and sales forecasts as demand in Europe slumped.
Looking ahead, Enphase provided a cautiously optimistic outlook for the fourth quarter of 2024, estimating revenue between $360 million and $400 million. The guidance includes anticipated shipments of ...
Solar inverter maker Enphase Energy forecast fourth-quarter revenue below Wall Street expectations on Tuesday due to weak demand in some markets, sending its shares down 9% after the bell.