SunPower (SPWR) Misses Q1 EPS by 1c

SunPower (NASDAQ: SPWR) reported Q1 EPS of $0.02, $0.01 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $350 million versus the consensus estimate of $339.73 million.

GUIDANCE:

SunPower affirmed prior 2022 guidance of $2,000-$2,400 Adjusted EBITDA per customer and 73,000-80,000 incremental customers, resulting in $90-$110 million Adjusted EBITDA for the year.

For earnings history and earnings-related data on SunPower (SPWR) click here.

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