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Enphase Energy, Inc. (ENPH) Message Board

  • ttt1725 ttt1725 Feb 26, 2013 4:16 PM Flag


    So they sold more units in the 4Q '12 timeframe than the 4Q '11 timeframe, and they sold more units in 2012 than 2011, but their losses increased. This is progress???

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    • This industry is hard to figure sometimes. Given their last report, I was expecting a total disaster today but it appears they’re finally learning where to put revenues and since they’re a new expanding company, it’s all about consensus estimates.

      As usual, the adjusted numbers look too good to be true but using the worst-case non-adjusted numbers:
      They beat for Q4 on revs
      They met for Q4 on EPS
      They beat for 2012 on REVS
      They beat for 2012 on EPS

      I suppose higher margins means more cash to fund the Australian expansion and the timing couldn’t be better for that market with energy prices going up again.

      We'll see what the market thinks tomorrow.

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