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SunPower Corp (SPWR.OQ)

SPWR.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Sunpower - Unit Of Co Entered Term Credit Agreement With Credit Agricole Corporate And Investment Bank
Friday, 25 May 2018 

May 25 (Reuters) - SunPower Corp ::SUNPOWER - ON MAY 22 UNIT OF CO ENTERED TERM CREDIT AGREEMENT WITH CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK.SUNPOWER SAYS UNDER TERMS, UNIT MAY BORROW UP TO $300 MILLION - SEC FILNG.SUNPOWER CORP - ANTICIPATES UNIT WILL BORROW FULL AMOUNT AVAILABLE UNDER CREDIT AGREEMENT PRIOR TO OR ON JUNE 1, 2018.SUNPOWER - AMOUNTS BORROWED UNDER AGREEMENT TO BE USED TO REPAY OBLIGATIONS OUTSTANDING IN RESPECT OF CO'S 0.75% CONVERTIBLE DEBENTURES DUE JUNE 1.  Full Article

Sunpower Invests In American Solar Manufacturing
Wednesday, 18 Apr 2018 

April 18 (Reuters) - SunPower Corp ::SUNPOWER INVESTS IN AMERICAN SOLAR MANUFACTURING.SUNPOWER CORP - E PURCHASE PRICE WAS NOT DISCLOSED..SUNPOWER - TO ACQUIRE HILLSBORO, OREGON-BASED SOLARWORLD AMERICAS.  Full Article

Ekso Bionics Announces Executive Leadership Changes
Monday, 12 Mar 2018 

March 12 (Reuters) - Ekso Bionics Holdings Inc ::EKSO BIONICS ANNOUNCES EXECUTIVE LEADERSHIP CHANGES; JACK PEURACH, CO-FOUNDER OF EKSO BIONICS, LONG-TIME BOARD MEMBER AND SEASONED EXECUTIVE APPOINTED PRESIDENT AND CHIEF EXECUTIVE OFFICER; CHARLES LI, PH. D. TO JOIN BOARD OF DIRECTORS.EKSO BIONICS HOLDINGS INC - ‍ PEURACH SUCCEEDS THOMAS LOOBY, WHO IS LEAVING COMPANY AND BOARD TO PURSUE OTHER INTERESTS​.EKSO BIONICS HOLDINGS INC - ‍PEURACH WILL REMAIN A MEMBER OF EKSO BIONICS' BOARD​.EKSO BIONICS HOLDINGS INC - ‍ PRIOR TO JOINING CO, PEURACH WAS EXECUTIVE VICE PRESIDENT, PRODUCTS FOR SUNPOWER CORP​.  Full Article

SunPower reports Q3 loss per share $0.39‍​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - SunPower Corp :SunPower reports third quarter 2017 results.SunPower Corp qtrly loss per share $0.39‍​.SunPower Corp - qtrly ‍non-GAAP earnings per share $0.21​.SunPower Corp qtrly ‍GAAP revenue $477.2 million versus $729.3 million ​.SunPower Corp - restructuring program remains on track to be completed in first half of next year​.SunPower Corp - sees Q4 ‍revenue of $635 million to $685 million​.SunPower Corp qtrly ‍non-GAAP revenue $533.6 million versus $770.1 million ​.Q3 earnings per share view $-0.39, revenue view $368.2 million -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.02, revenue view $975.8 million -- Thomson Reuters I/B/E/S.SunPower Corp - ‍on a non-GAAP basis, company expects revenue of $800 million to $850 million for q4​.SunPower Corp - ‍for fiscal year 2017 lower capital expenditures now forecasted to be in range of $100 million to $120 million​.  Full Article

SunPower receives automated access for drone flights in U.S. FAA controlled airspace
Monday, 30 Oct 2017 

Oct 30 (Reuters) - SunPower Corp - :SunPower receives automated access for drone flights in U.S. FAA controlled airspace.Receive approval from U.S. Federal Aviation Agency for automatic access to operate a drone in regulated airspace over controlled airports.  Full Article

SUNPOWER SAYS UNIT OF AES CORP TO DEVELOP POWER PLANT PLAFTORM IN HAWAII
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - SunPower Corp ::SUNPOWER CORP - UNIT OF AES CORP ANNOUNCED THAT SUNPOWER OASIS POWER PLANT PLATFORM IS UNDER DEVELOPMENT BY AES DE ON HAWAIIAN ISLAND OF KAUA‛I​.SUNPOWER CORP - ‍UNIT OF AES CORP TO CONSTRUCT 28-MEGAWATT SUNPOWER OASIS SYSTEM AT SITE & 20-MEGAWATT FIVE-HOUR DURATION ENERGY STORAGE SYSTEM​.SUNPOWER CORP - ‍UNIT OF AES CORP WILL BE LONG-TERM OWNER & OPERATOR OF PROJECT, WHICH IS EXPECTED TO BE OPERATIONAL BY END OF 2018​.  Full Article

SunPower posts Q4 adj. loss per share $0.64
Wednesday, 15 Feb 2017 

SunPower Corp : SunPower reports fourth quarter 2016 results . SunPower corp qtrly non-GAAP net loss per diluted share $0.64 . Sees Q1 2017 revenue $315 million to $365 million . SunPower corp qtrly GAAP net loss per diluted share $1.99 . Qtrly GAAP revenue $1,024.9 million versus $374.4 million . Qtrly non-GAAP revenue $1,097.3 million versus $1,363.9 million . SunPower Corp sees FY revenue of $1.8 billion to $2.3 billion on a GAAP basis and $2.1 billion to $2.6 billion on a non-GAAP basis . SunPower Corp - expects to record GAAP restructuring charges totaling $50 million to $100 million in fiscal year 2017 . SunPower Corp - expects to generate positive operating cash flow through end of fiscal year 2017 and exit year with approximately $300 million in cash . SunPower Corp sees Q1 fiscal 2017 GAAP revenue of $315 million to $365 million . SunPower Corp sees Q1 fiscal 2017 GAAP net loss of $175 million to $150 million . SunPower Corp sees on a non-GAAP basis, company expects Q1 revenue of $370 million to $420 million, gross margin of 0 percent to 2 percent . SunPower Corp sees Q1 non GAAP adjusted EBITDA loss of $45 million to $20 million and megawatts deployed in range of 150 mw to 180 mw . Q1 earnings per share view $-0.11, revenue view $459.2 million -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $-0.01, revenue view $2.41 billion -- Thomson Reuters I/B/E/S.  Full Article

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Solar panel glut is muting effect of Trump tariffs: SunPower

A steep global decline in the price of solar modules in recent weeks is nearly offsetting the effect of the Trump administration's 30 percent tariff on imported panels, the chief executive of a major U.S. solar company said on Monday.