Benzinga | Oct 26, 2021 06:50PM EDT

Recap: Enphase Energy Q3 Earnings

Enphase Energy (NASDAQ:ENPH) reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Enphase Energy beat their estimated earnings by 25.0%, which surprised analysts.

Revenue was up $173,016,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1, which was followed by a 4.95% increase in the share price the next day.

Here's a look at Enphase Energy's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.43 0.44 0.40 0.24EPS Actual 0.53 0.56 0.51 0.30Revenue Estimate 311.05M 292.04M 254.80M 168.58MRevenue Actual 316.06M 301.75M 264.84M 178.50M

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