Key Developments: Enphase Energy Inc (ENPH.W)
9.10USD
20 May 2013
$0.05 (+0.55%)
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Latest Key Developments (Source: Significant Developments)
Enphase Energy Inc Issues Q2 2013 Revenue Guidance Below Analysts' Estimates
Enphase Energy Inc announced that for the second quarter of 2013, it expects revenues to be within a range of $56 million to $60 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $61 million for the second quarter of 2013. Full Article
Enphase Energy Inc Issues Q1 2013 Revenue Guidance Below Analysts' Estimates
Enphase Energy Inc announced that for the first quarter of 2013, it expects revenues to be within a range of $43 million to $46 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $53 million for the first quarter of 2013. Full Article
Enphase Energy Inc Issues Q4 2012 Revenue Guidance Below Analysts' Estimates
Enphase Energy Inc announced that it expects net revenues for the fourth quarter of 2012 to be within a range of $52 million to $57 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $75 million for the quarter of 2012. Full Article
Enphase Energy Inc Hires New Chief Financial Officer
Enphase Energy Inc announced the appointment of a Chief Financial Officer, Kris Sennesael, effective immediately. Full Article
Enphase Energy Inc Issues Q3 2012 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Enphase Energy Inc announced that for the third quarter of 2012, it expects revenues to be within a range of $59 million to $63 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report revenue of $62 million for the third quarter of 2012. Full Article
Enphase Energy Inc Announces Resignation Of Chief Financial Officer
Enphase Energy Inc announced that Chief Financial Officer Sanjeev Kumar, has decided to leave the Company later this year. In order to facilitate a smooth transition Mr. Kumar will remain with the Company as Chief Financial Officer during a transition period that is expected to run into the fourth quarter. Full Article
Enphase Energy Inc Issues Q2 2012 EPS Guidance
Enphase Energy Inc announced that for the second quarter of 2012, it expects net revenues to be within a range of $49-$52 million. Full Article
Enphase Energy Inc Prices Initial Public Offering
Enphase Energy Inc announced the pricing of its initial public offering of 8,969,697 shares of common stock at a price to the public of $6.00 per share. All of the shares of common stock in the offering are being offered directly by Enphase. In addition, Enphase has granted the underwriters a 30-day option to purchase up to an additional 1,345,454 shares of common stock, solely to cover over-allotments, if any. Morgan Stanley & Co. LLC, BofA Merrill Lynch and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. Jefferies & Company, Inc. is acting as joint lead manager, and Lazard Capital Markets LLC and ThinkEquity LLC are acting as co-managers. The shares are expected to begin trading on the NASDAQ Global Market on March 30, 2012 under the ticker symbol ENPH. Full Article
Enphase Energy Inc Cuts IPO Price Talk To $6-$7 A Share From $10-$12-DJ
Dow Jones reported that Enphase Energy Inc., cut the projected pricing range for its Initial Public Offering (IPO) of 7.3 million shares to between $6 and $7 each. Earlier this month, the Company said it expected the IPO to price at $10 to $12 per share. The Company first filed for an IPO in June and hopes to raise about $70.6 million for working capital. The Company has applied to list its shares on the Nasdaq Global Market under the symbol ENPH. Full Article
Enphase Energy Inc To Raise $100 Million Through Initial Public Offering Of Common Stock-Datamonitor's Financial Deals Tracker
Datamonitor's Financial Deals Tracker reported that Enphase Energy Inc, has filed a prospectus with the US Securities and Exchange Commission (SEC) to raise up to $100 million through an Initial Public Offering (IPO) of common stock. Enphase has granted an option for the underwriters to purchase an additional shares of common stock to cover over-allotments, if any. Enphase intends to apply for listing of its common stock on the NASDAQ Global Market under the symbol ENPH. Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Jefferies & Company, Inc., Lazard Capital Markets LLC and ThinkEquity LLC are acting as underwriters for the offering. Enphase will use the proceeds to fund its working capital needs for the growth of its business and general corporate purposes. Full Article
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