Thu, May 23, 2013, 7:50 AM EDT - U.S. Markets open in 1 hr 40 mins
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Time to cut OPEX !
PWER is expecting a much larger drop-off in 4Q than ENPH, so assume its cyclical. CEO today said they are being cautious with 4Q estimate, so expect them to beat.
You are correct... G&A is heavy in part due to the prior CFO's regime.