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SunPower Says Q2 Preliminary Revenue Down 11% To $464 Mln
(RTTNews) - 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.
"Demand in the second quarter has weakened more than expected in the Southeast and Southwest where macroeconomic uncertainty and higher interest rates have slowed our top-of-funnel lead generation and sales bookings," said Peter Faricy, SunPower CEO.
Looking ahead to fiscal 2023, the company reduced guidance for net loss to a range of $90 million to $70 million.
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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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614 дней спустя
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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914 дней спустя
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.
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1090 дней спустя
New Zealand Building Permits Jump 7.2% In September
The total number of building permits issued in New Zealand was up a seasonally adjusted 7.2 percent on month in September, Statistics New Zealand said on Monday - coming in at 3,747.
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1ч 15мин назад
Tech Shares May Boost South Korea Stock Market
The South Korea stock market has tracked higher in three straight sessions, advancing almost 100 points or 2.5 percent in that span. Now at another fresh record closing high, the KOSPI sits just above the 4,100-point plateau and it may tick higher again on Monday.
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1ч 25мин назад
Australia Building Approval Data Due On Monday
Australia will on Monday release September figures for building approvals, highlighting a busy day for Asia-Pacific economic activity. In August, approvals were down 6.0 percent on month and 1.2 percent on year.
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1ч 55мин назад
Canadian Dollar Drops Against Most Majors
The Canadian dollar fell against its most major counterparts in the New York session on Friday.
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2 дней спустя
Swiss Market Settles Moderately Lower
The Switzerland market ended weak on Friday, in line with markets across Europe, as investors chose to trim down positions at several counters, continuing to react to earnings updates and assessing the developments on the trade front.
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2 дней спустя
