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SPWR / SunPower Slashes Guidance Amid Weakening Demand

SunPower Slashes Guidance Amid Weakening Demand
The solar company expects to add 70,000 to 90,000 residential customers this year, down from its previous outlook for 90,000 to 110,000 customers. Read More
Posted: Jul 26 2023, 11:13
Author Name: Barrons
Views: 110626

SPWR News  

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

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. more_horizontal

Why SunPower Stock Lost 8% After Earnings

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. more_horizontal

SunPower Corporation (SPWR) Q3 2023 Earnings Call Transcript

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, more_horizontal

SunPower Stock Tumbles. Earnings Were That Bad.

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. more_horizontal

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

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 more_horizontal

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

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 more_horizontal

Why SunPower's Stock Tanked 23% Today

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 more_horizontal

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

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. more_horizontal


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