Enphase Energy shares surged 22% in February due to Q4 results, despite declining revenue and earnings; CEO suggests Q1 could be the bottom quarter.

Enphase Energy shares soared 22% in February due to the company's Q4 results, despite revenue and earnings declining sharply. Enphase believes it has reached a bottom, with CEO Badri Kothandaraman suggesting that Q1 could be the bottom quarter. The company produced $15.4 million in free cash flow during Q4, maintaining a strong financial position with $1.7 billion in cash and marketable securities.