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Enphase Energy (NASDAQ:ENPH) +3.6% pre-market Wednesday after posting better than expected Q4 adjusted earnings, helped by continued gross margin expansion, and guiding for Q1 revenues above Wall Street consensus.
Q4 net profit jumped to $62.2M, or $0.45/share, from $45.8M, or $0.33/share, in the year-earlier quarter, while revenues rose 0.5% Y/Y