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SunPower Q3 Results Top Estimates; Stock Up 13%
(RTTNews) - 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.
Excluding items, adjusted net income from continuing operations for the quarter was $0.13 per share, compared to $0.12 per share last year.
Total revenue for the quarter soared to $475.71 million from $283.31 million in the same quarter last year. Adjusted revenue was $469.82 million.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.08 per share on revenues of $428.0 million for the quarter. Analysts' estimates typically exclude special items.
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SunPower CEO Peter Faricy Departs
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.
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604天前
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.
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820天前
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.
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904天前
Sensex, Nifty Seen Higher At Open
Indian shares look set to open on a positive note Friday, tracking firm cues from global markets. That said, surging oil prices amid supply fears may lead to some volatility as the session progresses.
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7分鐘前
Thai Stock Market May Extend Winning Streak
Ahead of Thursday's holiday for Chulalongkorn, the Thai stock market had finished higher in three straight sessions, gathering almost 30 points or 2.2 percent in that span. The Stock Exchange of Thailand now sits just above the 1,300-point plateau and it's called higher again on Friday.
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46分鐘前
Japanese Market Significantly Higher
Reversing the losses in the previous two sessions, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 49,150 level, with gains across most sectors led by index heavyweights and technology stocks. Financial stocks were the only weak spot.
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1小時13分鐘前
Additional Support Expected For Indonesia Shares
The Indonesia stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had jumped more than 310 points or 3.9 percent. The Jakarta Composite Index now rests just above the 8,270-point plateau and it's tipped to open to the upside again on Friday.
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1小時16分鐘前
Hong Kong Shares Tipped To Open In The Green
The Hong Kong stock market rebounded on Thursday, one day after ending the two-day winning streak in which it had picked up more than 775 points or 2.8 percent. The Hang Seng Index now rests just above the 25,960-point plateau and it's got a solid lead for Friday's trade.
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1小時31分鐘前
