Enphase Energy Announces Restructuring Initiatives and Quarterly Outlook Update
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September 23, 2016 7:28 AM EDT
Needham & Company reiterated a Hold rating on Enphase Energy (NASDAQ: ENPH) following the company's announced new restructuring initiatives, preliminary 4Q16 guidance, and launched secondary equity offering. ENPH expects to record $3MM of restructuring charges in 3Q16 and the program will complete in 4Q16. For 4Q16, the company guided... More
September 23, 2016 7:23 AM EDT
Roth Capital cut its price target on Neutral-rated Enphase Energy (NASDAQ: ENPH) from $1.80 down to $1.50 after the company announced restructuring plans and an equity raise on Thursday night.
Analyst Philip Shen commented today: Shares fell sharply during after-hours trading. While... More
September 22, 2016 4:08 PM EDT
Enphase Energy, Inc. (NASDAQ: ENPH), today announced that it intends to offer and sell shares of its common stock, subject to market and other conditions, in an underwritten public offering. Enphase also expects to grant the underwriters a 30-day option to purchase... More
