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SunPower Corporation - $SPWR STOCK NEWS

Welcome to our dedicated page for SunPower Corporation news (Ticker: $SPWR), a resource for investors and traders seeking the latest updates and insights on SunPower Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SunPower Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SunPower Corporation's position in the market.

Rhea-AI Summary
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0.47%
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Rhea-AI Summary
SunPower Financial has partnered with ADT Solar to offer low-cost lease and PPA options to ADT Solar customers. This agreement will make solar more accessible to Americans by providing a lease option for the first time. SunPower Financial will act as the exclusive lessor for ADT Solar customers who choose to finance with a lease or power purchase agreement.
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0.47%
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Rhea-AI Summary
SunPower Corp. released preliminary unaudited financial results for Q2 2023, reporting a GAAP Net Loss of ($30) million and Adjusted EBITDA of approximately ($3) million. The company experienced customer growth of 20,400 new customers in the quarter and generated revenue of $464 million, which is 11% higher year-over-year. However, due to weakened demand and market conditions, SunPower reduced its 2023 outlook for customer growth and Adjusted EBITDA.
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-15.78%
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0.5%
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-8.86%
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management
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-4.06%
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-4.23%
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0.18%
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Rhea-AI Impact
Rhea-AI Sentiment
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-3.09%
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SunPower Corporation

Nasdaq:SPWR

SPWR Rankings

SPWR Stock Data

403.60M
51.69M
0.72%
120.82%
22.37%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
RICHMOND

About SPWR

go solar, reduce your energy bills and discover why sunpower is a world standard in solar solutions for homes, businesses and utilities.