Enphase Energy (ENPH) Shares Surge 15% on Q4 Beat and Raise

Enphase Energy (NASDAQ: ENPH) shares were trading more than 15% higher after-hours following the company’s reported Q4 results, with EPS of $0.73 coming in better than the consensus estimate of $0.58. Revenue grew 17% quarter-over-quarter to $412.7 million, which is above the consensus estimate of $396.48 million.

The company provided its Q1/2022 outlook, expecting revenue in the range of $420-440 million, above the consensus estimate of $409 million.

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