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Fremont, California-based Enphase Energy, Inc. (ENPH) designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. With a market cap of $5.2 billion, the company is expected to announce its fiscal Q2 earnings results on Tuesday, July 22.
Ahead of this event, analysts expect the energy company to report a profit of $0.29 per share, up 123.1% from $0.13 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in one of the past four quarters, while missing on three other occasions.