STOCK TITAN

Complete Solar to Report 2024 and Q1’25 on April 30

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
conferences

Complete Solar (Nasdaq: CSLR) has rescheduled its earnings call to April 30, 2025, at 1:00pm ET, where it will present both audited 2024 financial results and unaudited Q1'25 results. The delay from the original April 23 date is due to a one-week extension of their SEC 10K filing deadline.

CEO T.J. Rodgers confirmed that Q1'25 results will align with previous guidance, showing positive operating income and cash flow. The delay stems from audit complexities involving the financial combination of three previously independent companies: Complete Solar, old SunPower, and Blue Raven, each operating with different accounting systems.

The company is actively implementing SOX compliance programs to strengthen financial controls, with management expecting future audits to be more timely and cost-effective. Interested parties can access the webcast through registration or via the company's investor relations website.

Complete Solar (Nasdaq: CSLR) ha posticipato la sua conference call sui risultati finanziari al 30 aprile 2025, alle 13:00 ET, durante la quale presenterà sia i risultati finanziari 2024 revisionati che quelli non revisionati del primo trimestre 2025. Il rinvio rispetto alla data originaria del 23 aprile è dovuto a una proroga di una settimana per la scadenza della presentazione del modulo 10K alla SEC.

Il CEO T.J. Rodgers ha confermato che i risultati del primo trimestre 2025 saranno in linea con le previsioni precedenti, mostrando un reddito operativo e flusso di cassa positivi. Il ritardo deriva da complessità legate alla revisione contabile della fusione finanziaria di tre società precedentemente indipendenti: Complete Solar, la vecchia SunPower e Blue Raven, ciascuna con sistemi contabili differenti.

L’azienda sta attivamente implementando programmi di conformità SOX per rafforzare i controlli finanziari, con la direzione che prevede audit futuri più puntuali ed economici. Gli interessati possono seguire la webcast registrandosi o tramite il sito web delle relazioni con gli investitori della società.

Complete Solar (Nasdaq: CSLR) ha reprogramado su llamada de resultados para el 30 de abril de 2025 a la 1:00 pm ET, donde presentará tanto los resultados financieros auditados de 2024 como los resultados no auditados del primer trimestre de 2025. El retraso respecto a la fecha original del 23 de abril se debe a una extensión de una semana para la presentación del formulario 10K ante la SEC.

El CEO T.J. Rodgers confirmó que los resultados del primer trimestre de 2025 estarán alineados con las previsiones anteriores, mostrando un ingreso operativo y flujo de caja positivos. El retraso se debe a complejidades en la auditoría relacionadas con la combinación financiera de tres compañías previamente independientes: Complete Solar, la antigua SunPower y Blue Raven, cada una con diferentes sistemas contables.

La empresa está implementando activamente programas de cumplimiento SOX para fortalecer los controles financieros, y la dirección espera que las auditorías futuras sean más puntuales y rentables. Las partes interesadas pueden acceder a la transmisión web mediante registro o a través del sitio web de relaciones con inversionistas de la compañía.

Complete Solar (나스닥: CSLR)은 실적 발표 전화를 2025년 4월 30일 오후 1시 ET로 연기했으며, 이 자리에서 2024년 감사 완료 재무 결과와 2025년 1분기 비감사 결과를 발표할 예정입니다. 원래 4월 23일에서 연기된 이유는 SEC 10K 제출 마감일이 일주일 연장되었기 때문입니다.

CEO T.J. Rodgers는 2025년 1분기 실적이 이전 가이드라인과 일치하며, 긍정적인 영업이익과 현금 흐름을 보일 것이라고 확인했습니다. 지연은 Complete Solar, 구 SunPower, Blue Raven 세 개의 독립 기업이 각각 다른 회계 시스템을 사용하며 재무 통합 과정에서 발생한 감사 복잡성 때문입니다.

회사는 SOX 준수 프로그램을 적극적으로 도입하여 재무 통제를 강화하고 있으며, 경영진은 향후 감사가 더 신속하고 비용 효율적으로 진행될 것으로 기대하고 있습니다. 관심 있는 분들은 등록을 통해 또는 회사의 투자자 관계 웹사이트를 통해 웨비캐스트에 접속할 수 있습니다.

Complete Solar (Nasdaq : CSLR) a reporté sa conférence téléphonique sur les résultats au 30 avril 2025 à 13h00 ET, où elle présentera à la fois les résultats financiers audités de 2024 et les résultats non audités du premier trimestre 2025. Ce report par rapport à la date initiale du 23 avril est dû à une prolongation d'une semaine du délai de dépôt du formulaire 10K auprès de la SEC.

Le PDG T.J. Rodgers a confirmé que les résultats du premier trimestre 2025 seront conformes aux prévisions précédentes, affichant un résultat opérationnel et un flux de trésorerie positifs. Ce retard est lié à des complexités d'audit impliquant la combinaison financière de trois sociétés auparavant indépendantes : Complete Solar, l’ancienne SunPower et Blue Raven, chacune utilisant des systèmes comptables différents.

L’entreprise met activement en place des programmes de conformité SOX pour renforcer les contrôles financiers, la direction s’attendant à ce que les audits futurs soient plus ponctuels et rentables. Les parties intéressées peuvent accéder à la webdiffusion via une inscription ou sur le site des relations investisseurs de la société.

Complete Solar (Nasdaq: CSLR) hat seine Gewinnbekanntgabe auf den 30. April 2025 um 13:00 Uhr ET verschoben, bei der sowohl die geprüften Finanzergebnisse für 2024 als auch die ungeprüften Ergebnisse des ersten Quartals 2025 vorgestellt werden. Die Verzögerung gegenüber dem ursprünglichen Termin am 23. April resultiert aus einer einwöchigen Verlängerung der Frist für die SEC 10K-Einreichung.

CEO T.J. Rodgers bestätigte, dass die Ergebnisse des ersten Quartals 2025 mit den bisherigen Prognosen übereinstimmen und positive operative Erträge und Cashflow aufweisen werden. Die Verzögerung ist auf komplexe Prüfungsanforderungen im Zusammenhang mit der finanziellen Zusammenführung von drei zuvor unabhängigen Unternehmen zurückzuführen: Complete Solar, das alte SunPower und Blue Raven, die jeweils unterschiedliche Buchhaltungssysteme verwenden.

Das Unternehmen implementiert aktiv SOX-Compliance-Programme zur Stärkung der Finanzkontrollen, wobei das Management erwartet, dass zukünftige Prüfungen pünktlicher und kosteneffizienter ablaufen. Interessierte können über eine Registrierung oder die Investor-Relations-Website des Unternehmens auf das Webcast zugreifen.

Positive
  • None.
Negative
  • None.

OREM, Utah, April 18, 2025 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. d/b/a Complete Solar (Nasdaq: CSLR), a solar technology, services, and installation company, today announced that it revised the date for its upcoming earnings call, and Complete Solar will present its audited 2024 financial results and unaudited Q1’25 results in a quarterly investor report on April 30, 2025 at 1:00pm ET. Interested parties may access the webcast by registering here or by visiting the Events page within the IR section of the company website: investors.completesolar.com/news-events/events.

Complete Solar chairman and CEO T.J. Rodgers stated, “We look forward to presenting our audited 2024 financial results and our unaudited Q1’25 financials on April 30, when we will present the results of the first two quarters of the combined company which will be consistent with our prior public guidance of positive operating income and cash flow in Q1'25.

Rodgers continued, “This press release has been issued because we have pushed out our prior announced April 23 report date due to a one-week delay on our SEC 10K filing, in turn due to the complexity-induced delay of our first audit, which required the financial combination of three previously independent companies: Complete Solar, old SunPower and Blue Raven (an unintegrated SunPower acquisition) – each with different accounting systems. So, our audit will be finished on April 25, not April 14, as we expected.

Rodgers concluded, “I accepted one week of delay in our investor webcast to April 30, so I have an air-tight, fully audited set of numbers. In addition, we are vigorously pursuing our SOX program right now to tighten the controls of our financial processes, so I expect our next audit to be on or ahead of schedule, and come in and at a much lower cost to shareholders.”

About Complete Solar
With its recent acquisition of SunPower assets, Complete Solar has become a leading residential solar services provider in North America. Complete Solar’s digital platform and installation services support energy needs for customers wishing to make the transition to a more energy-efficient lifestyle. For more information visit www.completesolar.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “will,” “goal,” “prioritize,” “plan,” “target,” “expect,” “focus,” “forecast,” “look forward,” “opportunity,” “believe,” “estimate,” “continue,” “anticipate,” and “pursue” or the negative of these terms or similar expressions. Forward-looking statements in this press release include, without limitation, the establishment of Complete Solar as a $300-million solar installer, our ranking by annualized revenue in the solar installer industry, our expectations regarding profitability and cashflow positive operations, deepening our relationship with Sunder Energy, and the benefits of our use of the SunPower name. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, our ability to implement further headcount reductions and cost controls, our ability to integrate and operate the combined business with the SunPower assets, our ability to achieve the anticipated benefits of the SunPower acquisition, global market conditions, any adjustments, changes or revisions to our financial results arising from our financial closing procedures, the completion of our audit and financial statements for Q4/24 and fiscal 2024, and other risks and uncertainties applicable to our business. For additional information on these risks and uncertainties and other potential factors that could affect our business and financial results or cause actual results to differ from the results predicted, readers should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our annual report on Form 10-K filed with the SEC on April 1, 2024, our quarterly reports on Form 10-Q filed with the Securities and Exchange Commission and other documents that we have filed with, or will file with, the Securities Exchange Commission, including our annual report on Form 10-K with respect to fiscal 2024 that will be filed with the Securities and Exchange Commission. Such filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements in this press release speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Complete Solar assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Company Contact:

Sioban Hickie
VP Investor Relations
Shickie@CompleteSolar.com
(801) 477-5847

Source: Complete Solar, Inc.


FAQ

When will Complete Solar (CSLR) release its 2024 and Q1 2025 earnings?

Complete Solar will release its earnings on April 30, 2025, at 1:00pm ET, featuring both audited 2024 results and unaudited Q1'25 financials.

Why did Complete Solar (CSLR) delay its earnings release from April 23 to April 30?

The delay is due to audit complexities from combining three companies' different accounting systems, requiring an additional week to complete the SEC 10K filing.

What financial performance is Complete Solar (CSLR) expecting for Q1 2025?

Complete Solar has guided for positive operating income and cash flow in Q1'25, as confirmed by CEO T.J. Rodgers.

How can investors access Complete Solar's (CSLR) earnings webcast on April 30?

Investors can access the webcast by registering through the provided link or visiting the Events page in the IR section at investors.completesolar.com/news-events/events.

What steps is Complete Solar (CSLR) taking to improve financial reporting?

The company is implementing SOX compliance programs to strengthen financial controls, aiming for more timely and cost-effective future audits.
Complete Solaria Inc.

NASDAQ:CSLR

CSLR Rankings

CSLR Latest News

CSLR Stock Data

134.99M
64.96M
23.26%
15.81%
4.07%
Solar
Semiconductors & Related Devices
Link
United States
GRAND CAYMAN