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Benzinga
Benzinga
Business
Adam Eckert

Solar Stocks Are Selling Off. This Energy Stock Is Leading The Sector Lower

ENPH Enphase Energy Enphase
Solar,Panels,City,At,China

Enphase Energy Inc (NASDAQ:ENPH) shares are tumbling Wednesday after the company reported second-quarter results and issued guidance with a midpoint below estimates.

Enphase Earnings: Enphase Energy beat analyst estimates on the top and bottom lines in the second quarter with revenue of $363.15 million versus expectations of $359.26 million, and adjusted earnings per share of 69 cents versus estimates of 63 cents.

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