SunPower (SPWR) Misses Q1 EPS by 28c

SunPower (NASDAQ: SPWR) reported Q1 EPS of ($0.29), $0.28 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $440.88 million versus the consensus estimate of $424.29 million.

SunPower affirmed 2023 guidance of $2,450–$2,900 Adjusted EBITDA per customer before platform investment and 90,000–110,000 incremental customers, resulting in $125–$155 million Adjusted EBITDA for the year.For earnings history and earnings-related data on SunPower (SPWR) click here.

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