Why Is Enphase Stock Up 20% After a Triple Miss?

In this video, I will go over Enphase‘s (ENPH 18.54%) fourth-quarter earnings and explain why the stock is up despite the company reporting a triple miss — meaning a miss on revenue, earnings, and guidance estimates.

*Stock prices used were from the trading day of Feb. 6, 2024. The video was published on Feb. 6, 2024.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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