Tag: electrical components
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Enphase stock falls more than 15% as company’s revenue outlook comes up short
[ad_1] Shares of Enphase Energy Inc. dropped more than 15% in the extended session Tuesday after the energy technology company reported first-quarter earnings that beat Wall Street expectations but called for lower-than-expected revenue in the current quarter. Enphase ENPH earned $146.9 million, or $1.02 a share, in the first quarter, compared with $52 million, or 37…
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Japan Display stock jumps after plan to mass-produce OLEDs with China’s HKC
[ad_1] Japan Display Inc. shares rose sharply Monday morning after it said it planned to team up with China’s HKC Corp. to mass-produce next-generation organic light-emitting diode panels and work on a high-end automotive-display business. The shares 6740, +10.53% were recently 7.9% higher at 41 yen (31 U.S. cents) after rising as much as 13%…