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Enphase Energy Inc. late Tuesday reported better-than-expected quarterly results, but Wall Street fretted anew about the solar-power company’s immediate future as it called for lower sales in the current quarter.
Enphase
ENPH said it expects third-quarter revenue between $330 million and $370 million, contrasting with FactSet consensus for revenue of $372 million in the quarter. The stock dropped around 8% in the extended session.
This post was originally published on Market Watch
