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Enphase Stock Is Climbing. It Beat Expectations on Strong Demand.


Enphase


Energy stock rose in early trading Wednesday after the company reported record revenue for the third quarter and said it expects further growth in the fourth quarter. 

Enphase


(ticker: ENPH), a supplier of solar and battery systems, reported quarterly revenue of $634.7 million and net profit of $114.8 million on Tuesday. It said it expects fourth-quarter revenue within a range of $680 million to $720 million. 



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