enphase energy inc (ENPH:NASDAQ GM)
enphase energy inc (ENPH) Key Developments
Enphase Energy, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s total net revenues were $45.577 million compared to $42.6 million for the same period last year. Loss from operations was $9.711 million compared to $9.28 million for the same period last year. Loss before income taxes was $10.224 million compared to $10.119 million for the same period last year. Net loss attributable to common stockholders was $10.406 million or $0.25 per basic and diluted share compared to $10.184 million or $5.97 per basic and diluted share for the same period last year. Net cash used in operating activities was $6.972 million compared to $14.071 million for the same period last year. Purchases of property and equipment were $1.682 million compared to $4.605 million for the same period last year. Loss from operations on a non-GAAP basis was $8.12 million compared to $8.574 million for the same period last year. Net loss on a non-GAAP basis was $8.707 million or $0.21 per basic and diluted share compared to $9.164 million or $5.37 per basic and diluted share for the same period last year. The company provided earnings guidance for the second quarter of 2013. The company expects a strong sequential increase in top line, with revenues for the second quarter of 2013 to be within a range of $56 million to $60 million, and for gross margin to be within a range of 26% to 28%.
Enphase Energy, Inc. announced that they will report Q1, 2013 results After-Market on May 07, 2013
Enphase Energy, Inc., Q1 2013 Earnings Call, May 07, 2013
Enphase Energy, Inc. Presents at Sixth Annual Solar Summit, Apr-23-2013 04:00 PM. Venue: The Wigwam Resort, 300 East Wigwam Boulevard, Litchfield Park, AZ 85340, United States. Speakers: Mark Abrams, Director of Product Management.
Enphase Energy, Inc. announced the renewal of its relationship with Vivint Solar, Inc. to be their inverter solution for 2013. Vivint Solar is an affiliate of Vivint Inc.
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Industry Analysis
ENPH
Industry Average
| Valuation | ENPH | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.5x |
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| Price/Book | 7.1x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 1.3x |
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