SunPower Q4 Forecast Misses Expectations, Q3 Beats

By | October 29, 2014

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SunPower on Wednesday guided Q4 earnings and revenue below Wall Street expectations, with the CEO citing the timing of revenue recognition for some of its solar projects. SunPower (SPWR) stock fell 1.7% Wednesday on the report, though the San Jose, Calif.-based company posted Q3 results that solidly beat analyst expectations. SunPower CEO Tom Werner said in a conference call with analysts Wednesday that “timing uncertainty” of revenue to be Scalper1 News

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