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4-Traders Homepage  >  Equities  >  Nasdaq  >  Enphase Energy Inc    ENPH

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ENPHASE ENERGY, INC. : Entry into a Material Definitive Agreement (form 8-K)

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06/19/2017 | 10:09pm CEST

Item 1.01. Entry into a Material Definitive Agreement. On June 13, 2017, Enphase Energy, Inc. ("Enphase") entered into a Master License Agreement ("Agreement") with Flextronics Industrial, Ltd. ("Flextronics"), under which Enphase licenses its intellectual property to Flextronics in order to allow Flextronics to market, manufacture, and sell certain Enphase products. Such rights may be used to assure continuity of supply to Enphase customers. The above description of the Agreement is not complete and is qualified in its entirety by reference to the full text of such agreement, a copy of which will be filed as an exhibit to Enphase's Quarterly Report on Form 10-Q for the period ending June 30, 2017.

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© Edgar Online, source Glimpses

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Financials ($)
Sales 2017 303 M
EBIT 2017 -28,4 M
Net income 2017 -39,6 M
Debt 2017 37,1 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 0,36x
EV / Sales 2018 0,37x
Capitalization 73,2 M
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Mean consensus HOLD
Number of Analysts 8
Average target price 1,53 $
Spread / Average Target 76%
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Managers
NameTitle
Paul B. Nahi President, Chief Executive Officer & Director
Badrinarayanan Kothandaraman Chief Operating Officer
Humbert Garcia Chief Financial Officer & Vice President
Martin Fornage Chief Technology Officer
Ben Kortlang Independent Director
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