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Benzinga
Benzinga
Business
Henry Khederian

EXPLAINED: Why enphase energy shares are popping off - The Real Truth

Enphase Energy Enphase Energy Inc

Enphase Energy Inc (NASDAQ:ENPH) shares are trading higher by 13% at $163.21 during Tuesday's after-hours session after the company reported better-than-expected fourth-quarter EPS and sales results and issued first-quarter sales guidance above estimates.

Enphase Energy reported quarterly earnings of 73 cents per share which beat the analyst consensus estimate of 58 cents. The company reported quarterly sales of $412.70 million which beat the analyst consensus estimate of $396.48 million by 4%.

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