SunPower (SPWR) Misses Q2 EPS by 7c

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SunPower Reports Second Quarter 2023 Results

August 1, 2023 7:45 AM EDT

Added 20,400 customers in Q2, entering Q3 with backlog of 20,000 retrofit customers and 39,000 New Homes customersIncreased GAAP Revenue 11% year-over-yearReported Q2 GAAP Net Loss of($30) million, Adjusted EBITDA of($3) millionPreviously announced updated Guidance to reflect current market conditionsSunPower Financial to become ADT Solar's exclusive lease and PPA provider

RICHMOND, Calif., Aug. 1, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR), a leading residential... More