SunPower CEO Peter Faricy Departs

RTTNews | 527 dias atrás
Stocktwits
SunPower CEO Peter Faricy Departs

(RTTNews) - SunPower Corp. (SPWR), a residential solar technology and energy services provider,?announced Tuesday that Chief Executive Officer Peter Faricy has departed the Company, effective February 26, 2024. The Board is conducting a comprehensive search process to identify a permanent CEO.

Until a successor is named, the Board has established an Office of the Chairman, led by Tom Werner, Executive Chairman of the Board and newly appointed Principal Executive Officer.

The other key members of the Executive Leadership Team include Chief Financial Officer Elizabeth Eby and Chief Legal Officer Eileen Evans.

Werner was recently named SunPower's Executive Chairman of the Board. He brings valuable institutional knowledge from his nearly 18 years of service as the Company's CEO and Chairman of the Board.

Marcadores : SPWR SPWRA SPWRB
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SunPower Says Q2 Preliminary Revenue Down 11% To $464 Mln

SunPower Says Q2 Preliminary Revenue Down 11% To $464 Mln

While providing preliminary unaudited financial results for the second quarter on Wednesday, SunPower Corp. (SPWR) reported a net loss of $30 million on revenues of $464 million, up 11 percent year-over-year. Customer growth was of 20,400 new customers.
RTTNews | 744 dias atrás
SunPower Q1 Adj. Loss Misses Estimates

SunPower Q1 Adj. Loss Misses Estimates

SunPower Corp. (SPWR) announced Tuesday that net loss attributable to stockholders for the first quarter was $50.68 million or $0.29 per share, wider than net loss of $27.87 million or $0.16 per share in the prior-year quarter.
RTTNews | 828 dias atrás
SunPower Q3 Results Top Estimates; Stock Up 13%

SunPower Q3 Results Top Estimates; Stock Up 13%

SunPower Corp. (SPWR) announced Tuesday that net income attributable to stockholders for the third quarter was $139.41 million or $0.74 per share, compared to a net loss of $84.38 million or $0.49 per share in the prior-year quarter.
RTTNews | 1004 dias atrás
European Shares Mixed As Investors Weigh Trump Tariff Impact

European Shares Mixed As Investors Weigh Trump Tariff Impact

European stocks were mixed on Friday after the Trump administration's higher tariff rates on trading partners took effect from midnight and Moscow confirmed Russian President Vladimir Putin and U.S. President Donald Trump are preparing to meet in the coming days, raising hopes of a ceasefire in the Ukraine war.
RTTNews | 2 minutos atrás
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European shares are seen opening higher on Friday after U.S. reciprocal tariffs took effect at midnight on Thursday.
RTTNews | 3h 25min atrás
NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
RTTNews | 3h 38min atrás
Sensex, Nifty Edge Lower On Tariff Concerns

Sensex, Nifty Edge Lower On Tariff Concerns

Indian shares were moving lower on Friday as U.S. President Donald Trump ruled out trade talks with India and Prime Minister Modi said he will never compromise on farmers' interests.
RTTNews | 4h 35min atrás
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