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SunPower Corp (SPWR.OQ)

SPWR.OQ on NASDAQ Stock Exchange Global Select Market

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17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

SunPower reports Q3 loss per share $0.39‍​
Thursday, 2 Nov 2017 08:05am EDT 

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 03:05am EDT 

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 08:00am EDT 

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 Q2 ‍adj loss per share $0.35​
Tuesday, 1 Aug 2017 04:05pm EDT 

Aug 1 (Reuters) - Sunpower Corp ::Sunpower reports second quarter 2017 results.Sunpower Corp - qtrly gaap revenue $337.4 million versus $420.5 million.Sunpower Corp - qtrly ‍adj loss per share $0.35​.Sunpower Corp - qtrly non-gaap revenue $341.5 million versus $401.8 million.Q2 earnings per share view $-0.44, revenue view $313.2 million -- Thomson Reuters I/B/E/S.Sunpower corp sees q3 non-gaap revenue of $320 million to $370 million.Sunpower sees q3 gaap revenue of $300 million to $350 million.Sunpower - ‍now expects fy revenue of $1.9 billion to $2.1 billion on a gaap basis and $2.1 billion to $2.3 billion on a non-gaap basis​.Sunpower - ‍gw deployed in range of 1.3 gw to 1.45 gw in fy​.Sunpower - now expects lower than forecasted gaap restructuring charges which will be in range of $20 million to $60 million for 2017.Sunpower corp - ‍expects to deliver more than 500 mw of power plant projects in second half of year​.Sunpower corp sees on a non-gaap basis, in q3, adjusted ebitda of breakeven to $20 million and megawatts deployed in range of 405 mw to 435 mw.Sunpower corp sees for fiscal year 2017 gw deployed in range of 1.3 gw to 1.45 gw.Sunpower corp qtrly gaap net loss per diluted share $0.67.Fy2017 revenue view $2.17 billion -- Thomson Reuters I/B/E/S.Q3 revenue view $677.9 million -- Thomson Reuters I/B/E/S.  Full Article

Sunpower Corp reports qtrly ‍adj loss per share of $0.35
Tuesday, 1 Aug 2017 04:05pm EDT 

Aug 1 (Reuters) - Sunpower Corp ::Sunpower reports second quarter 2017 results.Sunpower Corp - Qtrly GAAP revenue $337.4 million versus $420.5 million.Sunpower Corp - Qtrly ‍adj loss per share $0.35​.Sunpower Corp - Qtrly Non-GAAP revenue $341.5 million versus $401.8 million.Q2 earnings per share view $-0.44, revenue view $313.2 million -- Thomson Reuters I/B/E/S.Sunpower Corp sees Q3 non-gaap revenue of $320 million to $370 million.Sunpower Corp sees Q3 gaap revenue of $300 million to $350 million.Sunpower Corp - ‍Now expects FY revenue of $1.9 billion to $2.1 billion on a GAAP basis and $2.1 billion to $2.3 billion on a Non-GAAP basis.Sunpower Corp - Forecasts ‍GW deployed in range of 1.3 GW to 1.45 GW in FY​ ​.Sunpower Corp - Now expects lower than forecasted GAAP restructuring charges which will be in range of $20 million to $60 million for 2017.Sunpower Corp - ‍Expects to deliver more than 500 MW of power plant projects in second half of year​.Sunpower Corp sees on a Non-GAAP basis, in Q3, adjusted ebitda of breakeven to $20 million and megawatts deployed in range of 405 MW to 435 MW.Sunpower Corp sees for fiscal year 2017 GW deployed in range of 1.3 gw to 1.45 GW.Sunpower Corp qtrly GAAP net loss per diluted share $0.67.FY2017 revenue view $2.17 billion -- Thomson Reuters I/B/E/S.Q3 revenue view $677.9 million -- Thomson Reuters I/B/E/S.  Full Article

OGE Energy unit OG&E, Sunpower Corp sign contract to build power plant
Tuesday, 18 Jul 2017 08:00am EDT 

July 18 (Reuters) - OGE Energy Corp :Electric utility unit OG&E, Sunpower Corp signed contract to build 10-megawatt solar photovoltaic power plant in Covington, Okla.OGE Energy Corp - construction on plant is anticipated to commence next month.OGE Energy Corp - Sunpower will design and build a sunpower oasis power plant system at Covington site.OGE Energy Corp - Sunpower will provide operations and maintenance services once plant begins commercial operation, which is expected in early 2018.OG&E will own renewable energy credits associated with system.  Full Article

Sunpower to supply 64 megawatts in first round French tender for rooftop projects
Tuesday, 30 May 2017 03:05am EDT 

May 30 (Reuters) - Sunpower Corp :Sunpower to supply 64 megawatts in first round French tender for rooftop projects, or 57 percent of 361 awarded solar projects.  Full Article

SunPower reports qtrly GAAP revenue $399.1 million
Tuesday, 9 May 2017 04:05pm EDT 

May 9 (Reuters) - SunPower Corp :SunPower Corp says qtrly GAAP revenue $399.1 million versus $384.9 million.SunPower Corp says qtrly non-GAAP revenue $429.5 million versus $433.6 million.SunPower Corp qtrly GAAP net loss per diluted share $0.97.Sees 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 in 2017.SunPower Corp qtrly non-GAAP net loss per diluted share $0.36.SunPower reports first quarter 2017 results.Sees capital expenditures of approximately $120 million in 2017.Sees gigawatts (gw) deployed in range of 1.3 gw to 1.6 gw in 2017.SunPower Corp says company expects to record GAAP restructuring charges totaling $50 million to $100 million in fiscal year 2017.FY2017 earnings per share view $-1.00, revenue view $2.25 billion -- Thomson Reuters I/B/E/S.Q1 earnings per share view $-0.51, revenue view $366.4 million -- Thomson Reuters I/B/E/S.Sees Q2 revenue of $275 million to $325 million.Q2 earnings per share view $-0.34, revenue view $500.8 million -- Thomson Reuters I/B/E/S.Sees Q2 gross margin of negative 3 percent to negative 1 percent; sees Q2 net loss of $135 million to $110 million.Sunpower corp says on a non-GAAP basis, company expects revenue of $275 million to $325 million in Q2.Sees adjusted EBITDA of negative $25 million to breakeven in Q2.Sees megawatts deployed in range of 330 mw to 360 mw in Q2.On a non-GAAP basis, sees Q2 gross margin of 2 percent to 4 percent.  Full Article

Tianjin Zhonghuan Semiconductor signs JV deal, boosts units' capital
Wednesday, 22 Feb 2017 05:00am EST 

Tianjin Zhonghuan Semiconductor Co Ltd <002129.SZ> : Says it plans to set up JV SunPower Systems International Ltd in Hong Kong with Dongfang Electric Corporation, Sunpower Energy Corporation Ltd .Says it plans to boost two units' capital by a combined 532.5 million yuan ($77.42 million).  Full Article

SunPower says expect panel pricing to be volatile in 2017
Wednesday, 15 Feb 2017 05:36pm EST 

SunPower Corp - : Says expect panel pricing to be volatile through 2017 - Conf call Further company coverage: [SPWR.O] ((bangalore.newsroom@thomsonreuters.com)).  Full Article

Top 100 Global Energy Leaders Focus: Total S.A.

Contributed to by David Lubin, Constellation Research and Technology, and Timothy Nixon, Thomson Reuters