SunPower Reports First Quarter 2016 Results

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Go back to SunPower Reports First Quarter 2016 Results

SunPower (SPWR) Misses Q1 EPS by 10c

May 5, 2016 4:10 PM EDT

SunPower (NASDAQ: SPWR) reported Q1 EPS of ($0.30), $0.10 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $384.9 million versus the consensus estimate of $328.53 million.

GUIDANCE:

SunPower sees Q2 2016 revenue of $310-360 million.

The companys second quarter fiscal 2016 non-GAAP guidance is as follows:... More