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 cents a share, in the year-ago period. Adjusted for one-time items, the company earned $ 1.37 a share.
Revenue…