SunPower Reports First Quarter 2017 Results
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SunPower (SPWR) Tops Q1 EPS by 15c, Reiterates Guidance
May 9, 2017 4:24 PM EDTSunPower (NASDAQ: SPWR) reported Q1 EPS of ($0.36), $0.15 better than the analyst estimate of ($0.51). Revenue for the quarter came in at $429.5 million versus the consensus estimate of $366.44 million. GAAP revenue was $399.1.
Financial Outlook
The company is reiterating the following key financial metrics for 2017.
Revenue of $1.8 billion to $2.3 billion on a GAAP basis and $2.1 billion to $2.6 billion on a non-GAAP basis, non-GAAP operational expenses of less than $350 million, capital expenditures... More
