Enphase Energy (NASDAQ:ENPH) reported its Q1 earnings results on Tuesday, April 26, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Enphase Energy beat estimated earnings by 19.7%, reporting an EPS of $0.79 versus an estimate of $0.66.
Revenue was up $139.54 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15 which was followed by a 12.03% increase in the share price the next day.
Here's a look at Enphase Energy's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.48 | 0.43 | 0.44 |
| EPS Actual | 0.73 | 0.60 | 0.53 | 0.56 |
| Revenue Estimate | 396.48M | 343.15M | 311.05M | 292.04M |
| Revenue Actual | 412.72M | 351.52M | 316.06M | 301.75M |
To track all earnings releases for Enphase Energy visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
