Company Profile For SunPower Corporation

SunPower Corporation is a vertically integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies. The Company operates through two segments: components segment and systems segment. Its subsidiary is PowerLight Corporation, which developed, engineered, manufactured and delivered large-scale solar power systems. These activities are performed by its systems business segment, or systems segment. On January 8, 2008, the Company acquired Solar Solutions.

BRIEF: For the nine months ended 27 September 2009, SunPower Corporation's revenues decreased 5% to $977.7M. Net income decreased 53% to $32.2M. Revenues reflect a decrease in systems segment revenue. Net income also reflects an increase in cost of components revenue, lower gross margins, higher research & development expenses, an increase in sales, general & administrative expenses, higher interest expenses and a decrease in interest income.