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via seekingalpha.comBusiness & Companies

Enphase tumbles 20% after Q3 miss and weak Q4 revenue guidance

FROM THE WIRE · SEEKINGALPHA.COM

Enphase Energy sank 20% after reporting Q3 earnings and revenues that missed analyst consensus estimates while issuing downside guidance for Q4 revenues, citing weak residential demand.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe 20% drop reflects a revenue miss and negative Q4 revenue guidance.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Enphase Energy missed Q3 earnings and revenue estimates.
  2. 02The company guided to lower Q4 revenue.
  3. 03Weak residential demand is cited as the cause.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Enphase Energy, Inc.ENPHStock25.30 USD-14.99%today -14.99%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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