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SunPower Corp (SPWR.OQ)

SPWR.OQ on NASDAQ Stock Exchange Global Select Market

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18 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Sunpower Corp Qtrly GAAP Loss Per Share $0.64
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - SunPower Corp ::SUNPOWER REPORTS THIRD QUARTER RESULTS.QTRLY NON-GAAP LOSS PER SHARE $0.29.QTRLY GAAP LOSS PER SHARE $0.64.QTRLY NON GAAP REVENUE $443.4 MILLION VERSUS $533.6 MILLION.QTRLY GAAP REVENUE $428.3 MILLION VERSUS $485.8 MILLION.SEES Q4 REVENUE OF $460 MILLION TO $510 MILLION.SEES Q4 NET LOSS OF $165 MILLION TO $135 MILLION.ON A NON-GAAP BASIS, EXPECTS REVENUE OF $510 MILLION TO $610 MILLION IN Q4.SEES FISCAL YEAR 2018 REVENUE OF $1.7 BILLION TO $1.8 BILLION ON A GAAP BASIS.SEES FISCAL 2018 REVENUE OF $1.8 BILLION TO $1.9 BILLION ON A NON-GAAP BASIS.SEES REDUCTION IN FY GUIDANCE IS RESULT OF PROJECT DELAYS IN CO'S SUNPOWER SOLUTION BUSINESS.FY2018 GAAP & NON-GAAP GUIDANCE INCLUDES IMPACT OF ABOUT $50 MILLION RELATED TO SECTION 201 TARIFF ACTION.SEES 2018 CAPITAL EXPENDITURES OF $100 MILLION.Q3 EARNINGS PER SHARE VIEW $-0.40, REVENUE VIEW $475.8 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $-0.79, REVENUE VIEW $1.99 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Walmart, Sunpower Announce 23-Megawatt Solar Agreement
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Walmart ::WALMART, SUNPOWER ANNOUNCE 23-MEGAWATT SOLAR AGREEMENT.WALMART SAYS IS FINANCING THE SOLAR PROJECTS THROUGH A POWER PURCHASE AGREEMENT ARRANGED BY SUNPOWER.WALMART SAYS WILL OWN THE RENEWABLE ENERGY CREDITS ASSOCIATED WITH THE SOLAR PROJECTS SYSTEM.WALMART-AGREEMENT WITH SUNPOWER TO HAVE SUNPOWER INSTALL SOLAR SYSTEMS AT 19 STORES & TWO DISTRIBUTION CENTERS IN ILLINOIS.WALMART SAYS START OF CONSTRUCTION OF THE SOLAR SYSTEMS TARGETED FOR H1 2019.  Full Article

Sunpower Corp Reports A 7.7 Pct Stake In Enphase Energy
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Sunpower Corp Reports A 7.7 Pct Stake In Enphase Energy ::AS OF AUG. 9 - SEC FILING.SUNPOWER - IN ADDITION TO TRANSACTIONS CONTEMPLATED BY JUNE 12 PURCHASE AGREEMENT WITH ENPHASE, ENPHASE & SUNPOWER ENTERED INTO A MASTER SUPPLY AGREEMENT.SUNPOWER - AS PER MASTER SUPPLY AGREEMENT, SUNPOWER WILL EXCLUSIVELY PROCURE MODULE LEVEL POWER ELECTRONICS & RELATED EQUIPMENT FROM ENPHASE FOR 5 YRS.  Full Article

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

U.S. solar takes hit from Trump tariffs but is cheaper than ever -report

Dec 13 U.S. solar installations fell 15 percent in the third quarter as the Trump administration's tariffs on overseas-made panels forced developers to put off large projects, according to a report commissioned by the industry's primary trade group.