shipped for in We a and afternoon joining quarter of X.X financial was strong microinverter discuss quarter. XXXX today products million QX. results. our fourth for $XXX Demand good We had million revenue approximately microinverters. us and to reported our thanks Good
the support preorders technology with utilizing pleased to Ensemble are energy Encharge have upcoming battery the our launch. for We installers our and product training management started
quarter This a exited all and XX. XX, basis. fourth percentage revenue on XX% XX% the margin, We operating at gross XX, expenses operating of income, non-GAAP as XX% approximately a means
a we XX, greater of our the in XX, financial months As model at line performance in to detail baseline baseline growth. will Analyst call. achieve new XX the Day over XX about The introduced next reminder, minimum later December. model the we go while our XX represents expect into finances to meaningful demonstrating Eric top our financial
about talk customers business, Let’s us. of ease now perceive how doing
promoter QX. score America Our QX to in compared net was North XX% in XX%
even we Our providing slightly over working average customer minute of and reduce X call self-service volumes. with We Enphase time the is initiatives objective recently several opened are a to online our rate on experience. call better
exit with considered good greater to is our industry. score in a XXXX an NPS very target than XX, Our number that’s
Let’s coronavirus. talk about the impact the of
prayers Our the people thoughts fight with and are of they China as the virus.
priority partners well-being as China. in is ensure of teams to our our well Our the as
following up partner Year. Our ramping. China chain also Chinese the is The is back manufacturing steadily facility – supply in ramping component contract facility New
We are the outbound seeing some logistics is from indications constrained. China that
first quarter, Now, the guidance. fully for are the the midpoint quarter coming to of we to booked first
into the shipments nearly XXX% revenue to with addition linear guidance. been our weeks In X quarter, our have
getting virus have we prepared point. expedite carefully, the see this at may quarter that. impact revenue we a cautious outbound we remain to first do the on for the not the China big are impact product and through and to we ships logistics, some While situation watching air the of from Depending with guidance are
margin as well extent in know. we factored guidance already that our to have revenue as We gross the
about good is to Now time how Mexico doing. a talk is
good backup more global during than X a Mexico that in happy of demand disruptions provides We the QX. event in is IQ well to We microinverters million supply manufactured very service are X.X running Mexico us elsewhere. and
very making to people run-rate million to are on stated team to this per of little good capacity in towards is that previously plus current to we the team would Mexico our progress Our work is hard a I in of order QX goal. double make the microinverters acknowledge a week. quarter over Flex by numerous like units X XXXX both target happen. our the XX,XXX and We
harbor The was from revenue increase million harbor. $XX.X Next, QX, million let’s talk related $X in safe an in shipments about safe to QX.
shipments. has highlight For $XX.X of customers safe harbor in million area one-time ITC only QX, of customers and to relationship I recognize opportunity harbor our their each very for safe for plan a shipments activity nearly are sales. growing beyond an share Enphase like safe These ongoing engage number an safe in beyond revenue these of that and of purchases with harbor we that would portfolio not is harbor the to small Enphase.
and bit is QX. more are all a our base know with we for little percentage revenue with respect Let’s seasonally solar QX industry. worthwhile is declines doing and our to about the us the doing how for it at quarter in soft talk double-digit We to business industry is look
from good our a revenue For by typical X%, seasonality. million pretty the example, considering include of revenue result if midpoint we drops guidance base safe of our $XXX ‘XX only is which harbor QX
provide XXXX we harbor no There sales be I Although today. to formal some obviously provide QX. will the like in in second would for April our safe will color call, guidance of earnings quarter
Our bookings right QX now for pretty we healthy look where considering are.
industry QX base commensurate our in for uptick nice a the with expect seasonality. We business
We Encharge full benefit battery quarter a also to of from sales. expect QX
installer our for seeing the coronavirus already are very is training is whatever Encharge Obviously, preorders based we As before, underway. healthy respect situation. I QX current and remain the to of said with understanding our on
of indication U.S. North to for The respectively, an move our strength revenue. mix was business. is and and QX of X% harbor Let’s excluding on result international XX% the regions. American safe The obvious
international for a the with grow more quarters remain Ensemble business. Our of introduction going our percentage few in lot a mix are putting of we America. as Nevertheless, U.S. effort is North high to probably to a
Day updates and You a I more some on Analyst bit that on going to now. little heard expand am the
we Europe, On making are excellent progress.
doing are that few things different are before. from a We
are force pulling transfers stops in both all We to our order bolster new internal out sales hires. and in
of Some place those are already in right now.
and have headcount several to in We have Germany in France, made Belgium, March. increased offers early expect and by Netherlands, Spain place
emphasis distributors important on While experience. on us, quality are relationships very with the installers customer we winning by placing long-tail are the extraordinary and focusing to
tracking in We are doing this and Europe installer metrics diligently. by installer training significantly visit our increasing
European $XX approximately goal million. Our was XXXX sales, the is to XXXX which double
long-tail we the in social providing solar differentiated are on last ACM our the installers, as Kraton, our which from solutions, such housing, Aside initiatives with week. announced improved key focus integrated region and partnerships
about and Latin now Both Latin Asia-Pacific quite and our talk Asia-Pacific Let’s sized America. businesses business small. America are and small-sized similar in
is Australia. mainly APAC, in businesses in Our
we hired General the remind metrics that region you, team in had to there. place We the Just along a focus for right with early XXXX. right and Manager in the
We very encouraging sell-through to installers. seeing are the
thereby no On to In fire addition, industry partnered safety. high increased rapid you introduce we AC roof, architecture there on recently is the a installers saw means as Enphase’s a shutdown to press of providing voltage DC support this, the top requirement. release with PV Australian where the
we expect to these region in grow With initiatives, this nicely XXXX.
XXX customers well volume power product, the XX had space products of We what XA IQ AC XX-cell will our DC up fourth like other IQ as watt highest shipments configuration. XA, a SunPower is XXX-watt said discuss We very for residential the to power high and highest for as quarter. modules microinverter both in well in I our the and with fares next. efficiency
are talk We about AC going module partners next. to
We progress with to continued to AC make SunPower, module Solaria partners, steady Panasonic, a mention our few. including
in of of in U.S. also from Enphase bring as energized this than module to module ACMs are well partners By date. installers both few been from adopted these some and store. both partners by XXX to online installers Enphase have the working purchase the ACMs Europe. homeowners way, as are a We as more for directly now available our more the in in the U.S.
Ensemble technology. energy shipments management March Encharge Next expected in topic for begin The the is that to of XXXX. battery Encharge our battery are uses
have started already installers. training We
few a see really as NPS the and been to expecting Encharge powerful ramp has next feedback The are with The option scores. clearly reliable high safe, We installers trainings very a months. positive lot for over homeowners. the
that energy However, for is the they the easily for time coming feel the throughput our our all the Enphase. order we first ever, a by power designed in headquarters expanding significantly. program Fremont Ensemble. months, many generate homeowners of control they can In the to system beyond be training to and increase completely include biggest in the value partner store our That energy training sites of single will energy, is
differentiation combined with software talked our happy our fronts. win very and Day: the at about across semiconductor, model Analyst excellence with pillars operational In three business in summary, are new This Ensemble. all customers. us we is scalable helping of our performance We XXXX and
in highlighted XD the and space, IQ the off-grid our commercial by then for Ensemble growth for driver immediate roof, above battery, India X IQ markets. small Analyst the on solar microinverters Day, the Encharge we is followed and by As the the finally,
call the will of With results. Eric? to our his financial I over that, for Eric turn review
