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Enphase Energy sees Q3 revenue $370M-$410M, consensus $404.63M

Sees Q3 gross margin 47%-50% with net IRA benefit and 39%-42% excluding net IRA benefit. Sees Q3 operating expenses $79M-$83M. The company said, “For 2024, GAAP and non-GAAP annualized effective tax rate with IRA benefit, excluding discrete items, is expected to be within a range of 17.0% to 19.0%.”

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