SunPower (SPWR) tumbles after cutting guidance, reveals cost-cutting plan
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/3/2026
- Wall St ends higher as stocks reclaim some shine
- Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
- Snowflake soars 20% on earnings beat and raised guidance
- Oil settles 1% higher, as US-Iran strikes threaten supplies
- Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
SunPower Reports Preliminary Second Quarter 2023 Results and Provides Updated Guidance
July 26, 2023 8:30 AM EDTPreliminary second quarter GAAP Net Loss of ($30) million, Adjusted EBITDA of approximately ($3) millionPreliminary second quarter customer growth of 20,400 new customersPreliminary second quarter Revenue of $464 million, 11% higher year-over-yearReduced 2023 outlook for customer growth and Adjusted EBITDA
RICHMOND, Calif., July 26, 2023 /PRNewswire/ --Â SunPower Corp. (NASDAQ: SPWR), a leading solar technology and energy services provider, today provided preliminary unaudited financial results for the second quarter ending July 2, 2023.
... More