- Third quarter revenue decreased to $551.1 million from $711.1 million in Q2.
- Non-GAAP operating income decreased 27% in Q3 2023 to $167.6 million.
- IQ8 Microinverters accounted for 86% of Q3 2023 microinverter shipments.
- IQ Battery shipments rose to 86.2 MWh in Q3 2023, up from 82.3 MWh in Q2 2023.
Enphase Energy Q3 2023 earnings misses expectations
Revenue to be between $300M and $350M, including shipments of 80-100MWh IQ Batteries. Illustrated by SolarBytes.
The solar project is projected to generate 295 GWh annually, contributing to the Philippines’ target of 35% renewable energy by 2030. (Image Credit/Source: Succo/Pixabay)
The Caucasus region will benefit from Astronergy’s cutting-edge photovoltaic technologies via Photomate. (Image Credit/Source: Linkedin/Photomate Eurasia)
The solar project supports Synopsys’ science-based targets of reducing scope 1 and 2 GHG emissions by 55% by 2032. (Image Credit/Source: MRganso/Pixabay)
BayWa r.e.’s solar portfolio supports tax revenue and renewable energy growth in key US markets. (Image Source: Bawya-re)