Enphase Energy, Inc. (ENPH) reported third-quarter 2024 adjusted earnings of 65 cents per share, which declined 36.3% from $1.02 in the prior-year quarter. The bottom line also lagged the Zacks Consensus Estimate of 78 cents by 16.7%.Including one-time adjustments, the company posted GAAP earnings of 33 cents per share, which significantly deteriorated from the year-ago quarter’s figure of 80 cents.The year-over-year deterioration can be attributed to a double-digit decline in third-quarter revenues as well ...