Enphase Energy shares rise after Q2 revenue and adjusted EPS top estimates, Q3 outlook set at $290 million–$320 million
AI Market Summary
Enphase's Q2 results modestly beat consensus on revenue and adjusted EPS, with solid microinverter and battery shipments and positive free cash flow, signaling resilient execution in its core solar-plus-storage business. Management also highlighted accelerated development of power hardware aimed at next-generation AI data centers, potentially broadening its addressable market. Q3 revenue guidance brackets estimates, limiting downside surprise and supporting near-term sentiment.
Impact level
● Low
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NCSKENVX2USD/USDT-2.96%
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▲ Bullish
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Enphase Energy reported second-quarter revenue of $291.85 million and adjusted earnings of 47 cents per share, both ahead of consensus expectations. The company said it shipped about 1.59 million IQ microinverters and 113.8 megawatt hours of IQ batteries during the quarter. It also posted $25.9 million in free cash flow and ended the period with $937.7 million in cash, cash equivalents and marketable securities. For the third quarter, Enphase guided revenue to $290 million–$320 million, according to Benzinga Pro.
