Enphase Energy Surpasses Q4 Expectations with Strong Earnings and Revenue

FREMONT, Calif. - Enphase Energy Inc. (ENPH) reported impressive financial results for the fourth quarter, exceeding Wall Street expectations.

Fourth-Quarter Highlights:

* Net income: $62.2 million
* Earnings per share: 45 cents
* Adjusted earnings per share: 94 cents
* Revenue: $382.7 million

These results outperformed analysts' estimates, with Zacks Investment Research forecasting earnings of 75 cents per share and revenue of $376 million.

Full-Year Results:

* Net income: $102.7 million
* Earnings per share: 75 cents
* Revenue: $1.33 billion

Outlook:

For the current quarter ending in March, Enphase Energy projects revenue between $340 million and $380 million.