SunPower (SPWR) tumbles after cutting guidance, reveals cost-cutting plan
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SunPower Reports Preliminary Second Quarter 2023 Results and Provides Updated Guidance
July 26, 2023 8:30 AM EDTPreliminary second quarter GAAP Net Loss of ($30) million, Adjusted EBITDA of approximately ($3) millionPreliminary second quarter customer growth of 20,400 new customersPreliminary second quarter Revenue of $464 million, 11% higher year-over-yearReduced 2023 outlook for customer growth and Adjusted EBITDA
RICHMOND, Calif., July 26, 2023 /PRNewswire/ --Â SunPower Corp. (NASDAQ: SPWR), a leading solar technology and energy services provider, today provided preliminary unaudited financial results for the second quarter ending July 2, 2023.
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