Enphase Energy, Inc.: Enhanced Product Offerings & Cost Reductions Can Lead To Margin Expansion! 

Enphase Energy has presented its third quarter results for 2024, showcasing financial and operational highlights that reflect the company’s strategic maneuvers and market dynamics. During this period, Enphase reported a robust revenue of $380.9 million, underscoring a shipment of approximately 1.7 million microinverters and 172.9 megawatt hours of batteries. This has contributed to a free cash flow generation of $161.6 million. Contributing to this performance is their productive capacity which stands around 7.25 million microinverters per quarter, with significant manufacturing outputs from U.S. facilities.