Enphase Energy, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 263.34 million compared to USD 726.02 million a year ago. Net loss was USD 16.1 million compared to net income of USD 146.87 million a year ago.

Basic loss per share from continuing operations was USD 0.12 compared to basic earnings per share from continuing operations of USD 1.07 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to diluted earnings per share from continuing operations of USD 1.02 a year ago.