SunPower Q3 Earnings, Revenue Guidance Miss

By | July 31, 2014

Scalper1 News

As SunPower expands its solar panel manufacturing capacity, the company late Thursday guided to Q3 earnings and revenue below analyst expectations, and shares tumbled in after-hours trading. The company reported a 42% drop in year-over-year earnings per share, but that nevertheless beat the consensus estimate of analysts polled by Thomson Reuters. SunPower (SPWR) is expanding its efforts to deliver panels to the U.S. residential solar market, Scalper1 News

Scalper1 News