Enphase Energy, Inc. (Enphase) announced the scheduling of its 2024 Annual Meeting of Stockholders to be held virtually on May 15, 2024. The meeting will include the election of two Class III director nominees, an advisory vote on executive compensation, an advisory vote on the frequency of future say-on-pay votes, and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. Stockholders of record as of March 19, 2024, are entitled to vote at the meeting. The company also provided a summary of financial performance, including a 46.2% GAAP gross margin for 2023 and a net income of $438.9 million. Non-GAAP adjustments were made for items such as stock-based compensation and acquisition-related expenses. The...Show More

Enphase Energy, Inc. (Enphase) announced the scheduling of its 2024 Annual Meeting of Stockholders to be held virtually on May 15, 2024. The meeting will include the election of two Class III director nominees, an advisory vote on executive compensation, an advisory vote on the frequency of future say-on-pay votes, and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. Stockholders of record as of March 19, 2024, are entitled to vote at the meeting. The company also provided a summary of financial performance, including a 46.2% GAAP gross margin for 2023 and a net income of $438.9 million. Non-GAAP adjustments were made for items such as stock-based compensation and acquisition-related expenses. The company reported strong free cash flow and highlighted the CEO Pay Ratio for 2023, which was approximately 303:1. Additionally, the company disclosed information on equity compensation plans, transactions with related persons, and the policy for reviewing related party transactions. The Board recommends votes for all proposals and has provided information on how stockholders can vote and participate in the virtual meeting.