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SPWR / SPWR Stock Slides 17% After SunPower Says It Will Restate Financials

Among the worst-performing stocks today (and a big underperformer for the year), SunPower (NASDAQ: SPWR ) continues to provide many investors with some heartburn. Shares of SPWR stock are plunging more than 17% in afternoon trading after the solar provider noted that it will need to restate its financial statements. Read More

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SPWR

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Slides

After

Sunpower

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Will

Restate

Financials

Posted: Oct 25 2023, 14:40

Author Name: InvestorPlace

SPWR News

By Zacks Investment Research
November 3, 2023

SunPower (SPWR) Q3 Earnings Miss Estimates, Sales Down Y/Y

SunPower's (SPWR) third-quarter 2023 adjusted revenues total $432.2 million, while GAAP revenues amount to $432 million.

By The Motley Fool
November 1, 2023

Why SunPower Stock Lost 8% After Earnings

SunPower missed earnings on both top and bottom lines. Weak customer demand seems to be the core issue -- just as SolarEdge warned a week ago.

By Seeking Alpha
November 1, 2023

SunPower Corporation (SPWR) Q3 2023 Earnings Call Transcript

SunPower Corporation (NASDAQ:SPWR ) Q3 2023 Earnings Conference Call November 1, 2023 8:00 AM ET Company Participants Mike Weinstein - Vice President,

By Barrons
November 1, 2023

SunPower Stock Tumbles. Earnings Were That Bad.

SunPower now expects to post a fiscal 2023 net loss of between $175 million and $165 million.

By Market Watch
November 1, 2023

SunPower's stock tumbles to a more than 3-year low after a wider-than-expected loss and lowered outlook

Shares of SunPower Corp. SPWR tumbled 12.9% toward a 3 1/2-year low in premarket trading Wednesday after the solar energy provider reported downbeat t

By InvestorPlace
October 25, 2023

SPWR Stock Slides 17% After SunPower Says It Will Restate Financials

Among the worst-performing stocks today (and a big underperformer for the year), SunPower (NASDAQ: SPWR ) continues to provide many investors with som

By The Motley Fool
October 25, 2023

Why SunPower's Stock Tanked 23% Today

Microinverters held by a third party were overstated, resulting in lower costs being reported on SunPower's financials. Results will be restated throu

By Barrons
October 25, 2023

SunPower Stock Is Tumbling. The Solar-Panel Maker Is Restating Results.

SunPower is correcting statements for 2022, and the first two quarters of 2023 after finding accounting errors.

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