SunPower (SPWR) Tops Q4 EPS by 11c, Revenues Miss; Offers Q1 & FY19 Revenue Guidance Below Consensus

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SunPower Reports Fourth Quarter and Fiscal Year 2018 Results

February 13, 2019 4:05 PM EST

SAN JOSE, Calif., Feb. 13, 2019 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR) today announced financial results for its fourth quarter ended December 30, 2018.

Fourth Quarter Highlights

Solid financial performance: strong cash generation quarter Significantly delevered balance sheet: more than 50 percent sequential net debt reduction Completed previously announced business re-segmentation SunPower Energy Services (SPES)... More