— Enphase Energy (NASDAQ: ENPH) reported fourth quarter 2019 adjusted earnings of $0.39 per share vs. $0.33 expected.
— Revenue more than doubled to $210 million vs. $205.27 million expected.
— GAAP net income was $116.7 million or $0.88 per share vs. $709,000 or $0.01 in the prior-year quarter.
— For the first quarter of 2020, Enphase expects revenue to be in the range of $200 million to $210 million.
— ENPH stock rose about 7% immediately after the earnings announcement.
Most Popular
Salesforce stock hit by weak guidance, co-CEO’s exit. What next?
For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected
Macy’s (M): Here’s a look at the retailer’s expectations for the near term
Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales
KR Earnings: Kroger Q3 sales, profit increase and top expectations
Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to
