PETALUMA, Calif., Feb. 17, 2015 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (Nasdaq:ENPH) announced today financial results for the fourth quarter and year ended December 31, 2014.
Fourth Quarter 2014 Financial Highlights
Record revenue of $105.2 million, up 57 percent year-over-year Shipped 180MW (AC) of microinverter systems, up 67 percent year-over-year Record non-GAAP gross margin of 33.5 percent, up 120 basis points year-over-year Record non-GAAP operating income of $4.8 million Non-GAAP net income of $3.5 million Non-GAAP diluted earnings per share of $0.07 Strong positive cash flow from operations of $8.9 million |