Enphase Energy Sees Q2 2024 Revenue $290M-$330M Vs $350.706M Est.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy projects its Q2 2024 revenue to be between $290M and $330M, which is below the estimated $350.706M.
April 23, 2024 | 8:11 pm
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Enphase Energy's projected Q2 2024 revenue is significantly lower than market expectations, indicating potential challenges ahead.
The projected revenue shortfall for Enphase Energy in Q2 2024 compared to market estimates suggests potential operational or market challenges that could negatively impact the stock price in the short term. This news directly affects investor sentiment and could lead to a decrease in stock price as the market adjusts to the new revenue expectations.
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