SunPower Reports Second Quarter 2015 Results

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Go back to SunPower Reports Second Quarter 2015 Results

SunPower (SPWR) Tops Q2 EPS by 1c

July 28, 2015 4:09 PM EDT

SunPower (NASDAQ: SPWR) reported Q2 EPS of $0.18, $0.01 better than the analyst estimate of $0.17. Revenue for the quarter came in at $376.7 million versus the consensus estimate of $513.07 million.

"SunPower achieved several extremely significant accomplishments during our second quarter," said Tom Werner, SunPower president and CEO. "First, we launched 8point3 Energy Partners (Nasdaq: CAFD), our joint YieldCo vehicle with First Solar. We believe 8point3 Energy Partners will provide us a significant long-term cost of capital advantage and enhance the scale and predictability of... More