We reported quarterly revenue of $382.7 million in the fourth quarter of 2024, along with 53.2% for non-GAAP gross margin. We shipped approximately 2.01 million microinverters, or 878.0 megawatts DC, and 152.4 megawatt hours of IQ ® Batteries. Financial highlights for the fourth quarter of 2024 are listed below:

Stripping out one-time items, the company's earnings per share came in at 94 cents. Analysts polled by FactSet had forecast adjusted earnings of 73 cents a share. Revenue rose 0.5%, to $382.7 million, beating the $377.2 million expected by Wall Street, according to FactSet.

FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Enphase Energy Inc. (ENPH) on Tuesday reported fourth-quarter net income of $62.2 million. On a per-share basis, the Fremont, California-based company said it had profit of 45 cents. Earnings, adjusted for one-time gains and costs, came to 94 cents per share.

Reports Q4 revenue $382.71M, consensus $377.51M. The company said, “We reported quarterly revenue of $382.7 million in the fourth quarter of

FREMONT, Calif. - Enphase Energy, Inc. (NASDAQ:ENPH) shares jumped 8.5% in after-hours trading Tuesday after the solar microinverter maker reported fourth quarter earnings that beat analyst expectations and provided upbeat guidance.