Subscribe To

Price Alert Latest News Economic Calendar News

SPWR / SunPower's stock slides 9% after company says it will restate recent financials

SunPower Corp.'s stock SPWR, tumbled 9% in after-hours trade Tuesday, after the company said it will restate certain past financial statements. The company said statements in its 10-K for the year through Jan. 1, in its 10-Q for the quarter through April 2, its 10[Q for the quarter through July 2, and any statements that are based on those can no longer be relied on. Read More

Demo Live Account See Partner Details

Content Topics

Sunpower

Stock

Slides

After

Company

Says

Will

Restate

Sunpower s

Recent

Financials

SPWR

Posted: Oct 24 2023, 16:43

Author Name: Market Watch

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.

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.