SunPower (SPWR) Tops Q3 EPS by 11c, Revenues Miss; Offers FY18 Revenue Guidance Below Consensus
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SunPower Reports Third Quarter Results
October 30, 2018 4:05 PM EDTSAN JOSE, Calif., Oct. 30, 2018 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR) today announced financial results for its third quarter ended September 30, 2018.
Third Quarter Highlights
Grew year-over-year Distributed Generation (DG) volume by approximately 15 percent, U.S. residential strength Next Generation Technology (NGT) ramped on plan to achieve volume production in fourth quarter 2018 Received Section 201 tariff exemption for industry-leading interdigitated back contact (IBC) cell and module technology Closed acquisition of SolarWorld Americas assets on October 1 to increase U.S. manufacturing... More