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SunPower (SPWR) Tops Q3 EPS by 5c, Revenues Beat; Offers Q4 & FY19 Revenue Outlook

October 30, 2019 4:37 PM EDT

SunPower (NASDAQ: SPWR) reported Q3 EPS of $0.07, $0.05 better than the analyst estimate of $0.02. Revenue for the quarter came in at $491.7 million versus the consensus estimate of $479.54 million.

Third Quarter 2019 Results"Our third quarter results reflect continuing execution of our strategic plan," said Tom Werner, SunPower CEO and chairman of the board. "We met our financial outlook for the quarter and demonstrated ongoing progress against our key growth initiatives including the further ramp of our Maxeon 5... More