Enphase Energy (ENPH) Updates on Restructuring, Cost Savings Efforts; Guides Q3, Q4 – StreetInsider.com
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. Enphase Energy, Inc. (NASDAQ: ENPH) announced restructuring and cost savings initiatives that are expected to result in approximately $20 million of annualized operating expense savings. Enphase is reducing approximately 11 percent of its global workforce and eliminating…