Benzinga | Apr 27, 2021 04:09PM EDT

Enphase Energy Q1 EPS $0.56 Beats $0.44 Estimate, Sales $301.80M Beat $292.04M Estimate

Enphase Energy (NASDAQ:ENPH) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.44 by 27.27 percent. This is a 47.37 percent increase over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $301.80 million which beat the analyst consensus estimate of $292.04 million by 3.34 percent. This is a 46.83 percent increase over sales of $205.54 million the same period last year.