Enphase Reports 19% YoY Net Income Decline to $142 Million in Q3

The company's revenue stood at $551 million, reflecting a 13% YoY decrease

October 27, 2023

/ Market & Policy, Other, Renewable Energy

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Enphase Energy, a microinverter-based solar and storage systems supplier, recorded a net income of $141.85 million during the third quarter (Q3) of 2023, a year-over-year (YoY) decrease of 19 % from $175.51 million.

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Gautamee Hazarika

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Enphase Reports 19% YoY Net Income Decline to $142 Million in Q3

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