Enphase Energy reported Q3 revenue of $293.3M, missing the $304M estimate. Adjusted EPS came in at $0.41 versus $0.51 expected. Q4 revenue guidance of $225M-$255M is well below the $300M consensus. Gross margin guidance also declined sequentially. The company demonstrated its IQ SST technology and began IQ Gateway Fusion production shipments in India.
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