Enphase Energy reports lowest quarterly revenue in 3 years due to solar market slowdown, stock down 18%.
Enphase Energy, a solar tech company, reported its lowest quarterly revenue in over 3 years, with stock down 18% in 2024. The industrywide solar market slowdown has impacted the company's performance, raising concerns about its growth story. Investors familiar with Enphase's ups and downs are aware of the need for the company to address these challenges and regain its momentum towards profitability.
May 04, 2024
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