Tag: Inverter

Enphase forecasts revenue below estimates as inverter market stays under pressure

April 23 (Reuters) – Solar inverter maker Enphase Energy projected second-quarter revenue below analysts’ estimates on Tuesday, in a sign of sluggish recovery in demand across its markets. The Fremont, California-based company forecast revenue in the range of $290 million to $330 million for the quarter ending June, compared with analysts’ average estimate of $348.6 […]