SPWR - Earnings announcements

OREM, Utah, April 28, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein "SunPower," the "Company," or Nasdaq: "SPWR"), a solar technology, services, and installation company, today announced it had closed a private placement of $41 million in senior, convertible debenture notes with a 10% coupon (the "new offering"). The proceeds will provide liquidity and debt reduction by paying off $28.75 million of existing debt. In addition, certain investors in our prior 7.0% convertible notes have agreed to exchange $21.25 million of the principal in those notes for equity in the company, bringing the company's total debt reduction to $40 million. Finally, Sunder, our recently acquired solar sales comp

Added 16,000 customers in Q4, 75,900 new customers in FY 2023Reported Q4 revenue of $357 million; FY 2023 revenue of $1.7 billion Reported Q4 GAAP Net Loss of ($124) million and Adjusted EBITDA of ($68) million; FY 2023 GAAP Net Loss of ($247) million and Adjusted EBITDA of ($84) million Announced $175 million of additional capital and $25 million of additional revolving debt capacityRICHMOND, Calif., Feb. 15, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for the fourth quarter and full year ending December 31, 2023.

Added 20,400 customers in Q2, entering Q3 with backlog of 20,000 retrofit customers and 39,000 New Homes customers Increased GAAP Revenue 11% year-over-year  Reported Q2 GAAP Net Loss of ($30) million, Adjusted EBITDA of ($3) million Previously announced updated Guidance to reflect current market conditions  SunPower Financial™ to become ADT Solar's exclusive lease and PPA providerRICHMOND, Calif., Aug. 1, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced financial results for the second quarter, ending July 2, 2023.

Preliminary second quarter GAAP Net Loss of ($30) million, Adjusted EBITDA of approximately ($3) millionPreliminary second quarter customer growth of 20,400 new customersPreliminary second quarter Revenue of $464 million, 11% higher year-over-yearReduced 2023 outlook for customer growth and Adjusted EBITDARICHMOND, Calif., July 26, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today provided preliminary unaudited financial results for the second quarter ending July 2, 2023. "Demand in the second quarter has weakened

Added 21,000 customers in Q1, 27% growth year-over-year; enters Q2 with backlog of 23,000 retrofit customers Increased Revenue 26% and 32% year-over-year on a GAAP and non-GAAP basis, respectivelyReported Q1 GAAP Net Loss of $51M, Adjusted EBITDA of $1MInvested in Wolf River Energy, accelerating coverage in MidwestSecured new capital to fund $1B of solar loansRICHMOND, Calif., May 3, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for the first quarter, ending April 2, 2023. "We exite

Achieved record Q4: added nearly 24,000 customers; Revenue of $497 million, 43% growth YoY Reported Q4 GAAP Net Income of $8 million and Adjusted EBITDA of $36 million Added 83,000 customers and drove Revenue of $1.7 billion in 2022, 53% growth YoY Reported 2022 GAAP Net Income of $56 million and Adjusted EBITDA of $95 million Entered 2023 with strong balance sheet: $48 million Net Recourse Debt, repaid $425 million Convertible Debt in January Secured new panel supply agreements to meet rising demand RICHMOND, Calif., Feb. 15, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for the fourth quarter, e

Event to be webcast online at: http://investors.sunpower.com/events.cfm RICHMOND, Calif., Dec. 14, 2022 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) will discuss its fourth quarter 2022 financial results on Wednesday, February 15 at 5 p.m. Eastern Time. The conference call can be accessed live by registering at https://edge.media-server.com/mmc/p/kqr37kfz. The results are scheduled to be released at 4:45 p.m. ET. The live audio webcast and supplemental financial information will be available on SunPower's investor website at http://investors.sunpower.com/events.cfm. About SunP

Added a record 23,000 customers in the third quarter, a 63% increase YoYAccelerated revenue growth 67% YoY Reported Net Income attributable to stockholders of $139M, Adjusted EBITDA of $33M which more than doubled Q2 resultsAnnounced collaboration with General Motors to develop home energy system; General Motors named SunPower as exclusive solar providerRICHMOND, Calif., Nov. 8, 2022 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for the third quarter, ending October 2, 2022. "In the thir

Event to be webcast online at: http://investors.sunpower.com/events.cfm RICHMOND, Calif., Sept. 13, 2022 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) will discuss its third quarter 2022 financial results on Tuesday, November 8 at 8:30 a.m. Eastern Time. The conference call can be accessed live by registering at https://register.vevent.com/register/BI45f40baae7fb4eb19531e810dd5b7edb. The results are scheduled to be released at 8:05 a.m. ET. The live audio webcast and supplemental financial information will be available on SunPower's investor website at http://investors.sunpower

Added a record 19,700 customers in the second quarter, a 51% increase YoY Accelerated revenue growth to 63% YoY Achieved backlog of 53,000 retrofit and new homes customers Delivered strong gross margin: 20% GAAP, 21% non-GAAPAnnounced strategic relationship with IKEA U.S. to reach new customers and simplify the solar buying experience SAN JOSE, Calif., Aug. 2, 2022 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for the second quarter, ending July 3, 2022. "There is a ubiquitous need for r

Event to be webcast online at: http://investors.sunpower.com/events.cfm SAN JOSE, Calif., July 11, 2022 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) will discuss its second quarter 2022 financial results on Tuesday, August 2 at 8:30 a.m. Eastern Time. The conference call can be accessed live by registering at https://register.vevent.com/register/BI8045a492c8dd47d6be8faf25537fcfbd. The results are scheduled to be released at 8:05 a.m. ET. The live audio webcast and supplemental financial information will be available on SunPower's investor website at http://investors.sunpower.c

Events to be webcast at: http://investors.sunpower.com/events.cfm SAN JOSE, Calif., April 11, 2022 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) will discuss its first-quarter 2022 financial results on a conference call, Thursday, May 5 at 1:30 p.m. Pacific Time. The call-in number is (877) 371-5747 conference ID 5479606, passcode: SunPower, or the webcast can be accessed from SunPower's website at http://investors.sunpower.com/events.cfm. The earnings press release and supplemental financial information will be available on SunPower's website at http://investors.sunpower.com/e

SAN JOSE, Calif., Feb. 16, 2022 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for its fourth quarter ended January 2, 2022 in line with the preliminary results shared last month. As previously disclosed, SunPower took a $27 million supplier-quality charge in fourth quarter 2021. The company is pursuing recovery of costs from the suppliers. The charges are expected to be funded with cash on hand. Excluding the supplier-quality charge, SunPower reported fourth quarter revenue of a record

SAN JOSE, Calif., Nov. 3, 2021 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for its third quarter ended October 3, 2021. Residential demand remains strong with record lead generation and 14,200 new customers, up 29% versus a year earlier. New homes market accelerated growth with 5,700 new customers in the quarter, more than double when compared to the previous year.  "Our decision to increase our focus on the residential market was validated by strong sequential third quarter solar and

SAN JOSE, Calif., Oct. 5, 2021 /PRNewswire/ -- Today, SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, announced it acquired Blue Raven Solar, one of the fastest growing residential solar providers in the U.S. Blue Raven's growth trajectory and complementary geographic footprint is expected to provide SunPower a path to quickly expand the solar market to serve more customers in underpenetrated areas including the Northwest and Mid-Atlantic regions. "More than 100 million homeowners could save money by switching to solar today, and we are

SAN JOSE, Calif., Aug. 3, 2021 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for its second quarter ended July 4, 2021. "Consumer demand for better, more resilient energy is increasing and with more than 100 million homes in the U.S. that could benefit from solar and storage, we see a significant opportunity to meet that demand," said Peter Faricy, CEO of SunPower. "To lead in customer adoption and growth we are focused on delivering world class customer experiences and continuing to inv

PALM BEACH, Fla., Dec. 15, 2020 /PRNewswire/ -- In times of global crisis, historically investors have moved toward gold as a safe haven… but there is another metal which is not just being viewed as a safe place to store assets… one whose value is projected to continue to grow in spite of the pandemic. That metal is silver. Its value is expected to rise as demand for solar panels and 5G increases over the next decade. Researchers from Kent Business School found that the Rising demand for solar panels is having a major effect on the worldwide price of silver. Silver is a core element for the manufacture of solar panels, as it has the highest electrical and thermal conductivity of all metal