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Enphase Energy shares fell over 9% in premarket trade after the company projected Q4 revenue of $310 - $350 million, below analyst estimates of $382.9 million. The solar inverter maker cited a drop in safe-harbor revenue and plans to cut shipments to reduce inventory. It also warned of a Q1 revenue decline due to expiring tax credits.
short by / 02:00 pm on 29 Oct
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