Business

Enphase Stock Is Climbing. It beat expectations of strong demand.



Enphase

Energy shares rose in early trading Wednesday after the company reported record revenue for the third quarter and said it expects further growth in the fourth quarter.


Enphase

(code: ENPH), supplier Solar system and battery, reported quarterly revenue of $634.7 million and net profit of $114.8 million on Tuesday. It said it expected fourth-quarter revenue between $680 million and $720 million.

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