“Enphase Energy: Strong Earnings but Limited Catalysts – A Hold Rating Upgrade”
Enphase Energy Posts Strong Q4 Results Domestic Market Performs Well, But European Sales Decline Enphase Energy reported better-than-expected fourth-quarter results, with both revenues and profitability coming in above consensus expectations. While revenues in the company’s core domestic market increased by 6% on a sequential basis, sales in Europe were down by a whopping 25%. This…