Last $13.78 USD
Change Today +0.17 / 1.25%
Volume 401.4K
ENPH On Other Exchanges
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As of 8:10 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

enphase energy inc (ENPH) Snapshot

Open
$13.64
Previous Close
$13.61
Day High
$13.85
Day Low
$13.42
52 Week High
09/18/14 - $17.97
52 Week Low
04/15/14 - $6.82
Market Cap
601.1M
Average Volume 10 Days
891.9K
EPS TTM
$-0.19
Shares Outstanding
43.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ENPHASE ENERGY INC (ENPH)

enphase energy inc (ENPH) Related Businessweek News

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enphase energy inc (ENPH) Details

Enphase Energy, Inc., together with its subsidiaries, designs, develops, and sells microinverter systems for the solar photovoltaic industry. Its microinverter system consists of an Enphase microinverter and related accessories that convert direct current power to grid-compliant alternating current power; an Envoy communications gateway device that collects and transmits performance information from each solar module to the company’s hosted data center; and Enlighten Web-based software platform that collects and processes this information to enable customers to monitor and manage their solar power systems. The company sells its microinverter systems primarily to distributors who resell them to solar installers, as well as through original equipment manufacturers and strategic partners; and directly to installers. Enphase Energy, Inc. markets its products primarily in the United States, Australia, Canada, France, the United Kingdom, China, and Italy, as well as in the Benelux region. It has a strategic partnership agreement with SolarWorld AG. The company was founded in 2006 and is headquartered in Petaluma, California.

enphase energy inc (ENPH) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $430.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $311.3K
Senior Vice President of Worldwide Sales & Fi...
Total Annual Compensation: $282.5K
Compensation as of Fiscal Year 2013.

enphase energy inc (ENPH) Key Developments

Enphase Energy, Inc. and MyLight Systems Announce Strategic Partnership Agreement

Enphase Energy, Inc. announced a strategic partnership agreement with MyLight Systems. Under the terms of the deal, the Enphase Envoy, the intelligent networking hub of the Enphase System, will be integrated into the MyLight monitoring system and will become the exclusive monitoring technology for the photovoltaic (PV) arrays embedded with MyLight's advanced energy management solution. Solar PV arrays equipped with the Enphase system provide reliable solar energy production data that when coupled to the MyLight System enable smart energy monitoring capabilities that optimizes energy consumption. Through the use of a central control unit and smartplugs (energy management adaptors) installed inside a structure, MyLight's patented algorithms analyze a user's electricity consumption patterns and optimizes their energy usage to match their solar energy production profile. Based on a networked cloud-based platform, the Enphase/MyLight system will bring installers a new level of energy management integration for residential and commercial buildings. The turnkey plug-and-play solution is easy to design and install and simplifies operations. Installers can also take advantage of the MyLight ProSizer, a mobile application available on the iPhone and Android platform for rightsizing installations under a self-consumption scheme. The optimized Enphase/MyLight solution will be available to installers through MyLight Systems' specialized distribution network.

Enphase Energy, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter of 2015

Enphase Energy, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net revenues of USD 105.207 million compared to USD 67.056 million a year ago. Income from operations was USD 1.951 million compared to loss from operations of USD 1.611 million a year ago. Income before income taxes was USD 0.817 million compared to loss before income taxes of USD 2.394 million a year ago. Net income was USD 0.402 million or USD 0.01 per basic and diluted share compared to net loss of USD 2.810 million or USD 0.07 per basic and diluted share a year ago. Non GAAP income from operations was USD 4.830 million compared to USD 0.367 million a year ago. Non GAAP net income was USD 3.508 million or USD 0.07 per diluted share compared to non GAAP net loss of USD 0.725 million or USD 0.02 per diluted share a year ago. Strong positive cash flow from operations was USD 8.9 million. Capital expenditures were USD 4.2 million and depreciation and amortization was USD 2.3 million. Capital expenditures increased from historical levels, but remained below 4% of revenue. The increase was mainly due to an increase in equipment needed to support the growth in production volumes as well as some technology-driven capital expenditures that were required for the development and manufacturing of next-generation technology. For the full year, the company reported net revenues of USD 343.904 million compared to USD 232.846 million a year ago. Loss from operations was USD 4.429 million compared to USD 22.158 million a year ago. Loss before income taxes was USD 7.286 million compared to USD 25.050 million a year ago. Net loss was USD 8.052 million or USD 0.19 per basic and diluted share compared to USD 25.913 million or USD 0.62 per basic and diluted share a year ago. Net cash provided by operating activities was USD 24.222 million compared to net cash used in operating activities of USD 0.872 million a year ago. Purchases of property and equipment were USD 13.249 million compared to USD 6.257 million a year ago. Purchase of patents was USD 0.750 million. Non GAAP income from operations was USD 5.852 million compared to non GAAP loss from operations of USD 14.647 million a year ago. Non GAAP net income was USD 2.712 million or USD 0.06 per diluted share compared to non GAAP net loss of USD 17.973 million or USD 0.43 per diluted share a year ago. The company realized significant improvements and generated USD 24.2 million in cash from operations in 2014 compared to a negative USD 900,000 in 2013. The company expected revenue for the first quarter of 2015 to be within a range of USD 84 million to USD 88 million. At the midpoint of the revenue outlook range, revenue would be up 49% compared to the first quarter of 2014. Gross margin expected to be within a range of 31% to 33%. Non-GAAP operating expenses expected to be up 2% to 5%, compared to the fourth quarter of 2014.

Enphase Energy Bolsters Operations and Maintenance Services Offering

Enphase Energy, Inc. announced that it is expanding its Enphase Energy Services (EES) business. The company is leading efforts to streamline solar photovoltaic asset management and operations and maintenance, and prepare for the broader-based maintenance and productivity service requirements of future energy management systems. With over 450 megawatts under management, EES works with system owners, operators and installers to protect their solar investments with a scalable asset management and O&M services offering, from concept through implementation to long-term maintenance. Enphase's networked system enables solar stakeholders to make informed O&M decisions that keep capital outlays to a minimum, decrease time onsite, optimize system performance and generate a faster return on investment for their customers.

 

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SMA Solar Technology AG €12.09 EUR +0.09
SunPower Corp $32.66 USD +0.60
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TEV/Sales 1.6x
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