Enphase Sees Q3 Revenue $550M-$600M vs $748.08M Est.
Portfolio Pulse from Bill Haddad
Enphase Energy Inc. has projected its Q3 revenue to be between $550M and $600M, which is significantly lower than the estimated $748.08M.
July 27, 2023 | 8:11 pm
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NEGATIVE IMPACT
Enphase Energy's lower than expected Q3 revenue projection could negatively impact its stock price.
Enphase Energy's projected Q3 revenue is significantly lower than the estimated $748.08M. This could lead to a negative market reaction, potentially causing a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100