earnings
confidence high
sentiment positive
materiality 0.80
Enphase Q4 revenue record $412.7M, non-GAAP EPS $0.73, Q1 guide $420-440M
Enphase Energy, Inc.
- Record Q4 revenue $412.7M (+17% QoQ, +56% YoY); non-GAAP gross margin 40.2%.
- GAAP diluted EPS $0.37; non-GAAP diluted EPS $0.73; operating cash flow $97.2M.
- IQ Battery shipments 100.2 MWh (+53% QoQ); IQ8 microinverters began North America shipments.
- Completed acquisitions of ClipperCreek (EV charging) and 365 Pronto (service software) in Q4.
- Q1 2022 outlook: revenue $420-440M, non-GAAP gross margin 38-41%.