SunPower Corporation faces a significant challenge due to its $250 million net debt and the recent developments in the solar sector. SunPower's near-term prospects are clouded by doubts regarding its ...
SunPower reports Q4 revenue drop to $356.91M, misses EPS estimates; stock rises after $175M funding news. FY24 outlook: SunPower aims for positive cash flow in H2, projects net loss improvement and 17 ...
SAN JOSE — SunPower, a once high-flying pioneer of the solar energy industry, has notified state officials of the company’s decision to slash hundreds of Bay Area jobs. The solar energy company has ...
SunPower (Nasdaq: SPWR) just sent an email to its employees saying that it will “wind down” residential solar installations and lay off 1,000 employees. SunPower is one of the largest residential ...
SunPower announced it will need to restate its last two years of financial results. The company is struggling to deal with weak demand for residential solar solutions. A major restructuring plan may ...
SunPower Corporation (NASDAQ:SPWR) shares fell Thursday following the company’s announcement of a significant operational pause and a subsequent analyst downgrade. What To Know: SunPower informed ...
SunPower stock has declined by about 37% year-to-date and remains down by about 29% over the last 12 months. There are a couple of factors that have weighed the stock down recently. Firstly, ...
Last year, SunPower, the Richmond, CA residential solar power company, was late in filing its third quarter results, due November 29, 2023. According to an SEC disclosure dated December 11, SunPower’s ...
SunPower is a Seeking Alpha Quant “strong sell,” with 36.9% of the shares shorted. SunPower is majority-owned (50.7%) by TotalEnergies and it has a strong presence in the US domestic solar and energy ...
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