SunPower (SPWR) Misses Q2 EPS by 7c

SunPower (NASDAQ: SPWR) reported Q2 EPS of ($0.13), $0.07 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $463.9 million versus the consensus estimate of $478.59 million.

2023 Financial Outlook:

• On July, 26, 2023, SunPower updated its FY 2023 guidance in a preliminary earnings announcement to $1,450-$1,650 Adjusted EBITDA per customer before platform investment and 70,000–90,000 incremental customers, resulting in $55–$75 million Adjusted EBITDA for the year.

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

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