Enphase Sees Q4 Revenue $360M-$400M, Non-GAAP Gross Margin 49.0%-52.0%
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy has projected its Q4 revenue to be between $360 million and $400 million, with a non-GAAP gross margin ranging from 49.0% to 52.0%.
October 22, 2024 | 8:11 pm
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Enphase Energy has provided guidance for Q4 revenue between $360 million and $400 million, with a non-GAAP gross margin of 49.0% to 52.0%. This indicates a strong financial performance outlook.
The revenue and gross margin projections suggest a positive financial outlook for Enphase Energy, which could lead to a short-term increase in stock price as investors react to the strong guidance.
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