The American microinverter maker is reporting only modest losses in its Q1 results, a significant improvement from a year ago.
The struggling microinverter maker narrowed its losses considerably in Q4, as it unveils new products and expands in new markets.
The warning from NASDAQ follows financial difficulties at the microinverter pioneer.
The U.S. microinverter manufacturer reported a lower than expected revenue in the latest quarter, with shipments decreasing slightly year-on-year. The company, however, was able to strenghten its cash position after implementing a restructuring plan in the previous quarters.
The Enphase IQ microinverter is around 30% lighter than previous iterations and will serve to usher in Enphase Energized AC Modules to the U.S. residential solar sector.
The company appears to be making progress with its restructuring, as it continues to launch increasingly sophisticated home energy solutions.
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