Photovoltaic inverter supplier Enphase Energy reported Q1 revenue of $282.9 million, while analysts expected $283.8 million.
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Capital expenditure in the first quarter was $19.9 million, while analysts expected $13 million. Adjusted earnings per share (EPS) for the first quarter were $0.47, compared with analysts’ expectations of $0.44. Revenue for the second quarter is expected to be between $280 million and $310 million, while analysts expected $296.8 million.
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