SunPower CEO Peter Faricy Departs

RTTNews | 331 일 전
SunPower CEO Peter Faricy Departs

(RTTNews) - SunPower Corp. (SPWR), a residential solar technology and energy services provider,?announced Tuesday that Chief Executive Officer Peter Faricy has departed the Company, effective February 26, 2024. The Board is conducting a comprehensive search process to identify a permanent CEO.

Until a successor is named, the Board has established an Office of the Chairman, led by Tom Werner, Executive Chairman of the Board and newly appointed Principal Executive Officer.

The other key members of the Executive Leadership Team include Chief Financial Officer Elizabeth Eby and Chief Legal Officer Eileen Evans.

Werner was recently named SunPower's Executive Chairman of the Board. He brings valuable institutional knowledge from his nearly 18 years of service as the Company's CEO and Chairman of the Board.

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SunPower Says Q2 Preliminary Revenue Down 11% To $464 Mln

SunPower Says Q2 Preliminary Revenue Down 11% To $464 Mln

While providing preliminary unaudited financial results for the second quarter on Wednesday, SunPower Corp. (SPWR) reported a net loss of $30 million on revenues of $464 million, up 11 percent year-over-year. Customer growth was of 20,400 new customers.
RTTNews | 547 일 전
SunPower Q1 Adj. Loss Misses Estimates

SunPower Q1 Adj. Loss Misses Estimates

SunPower Corp. (SPWR) announced Tuesday that net loss attributable to stockholders for the first quarter was $50.68 million or $0.29 per share, wider than net loss of $27.87 million or $0.16 per share in the prior-year quarter.
RTTNews | 632 일 전
SunPower Q3 Results Top Estimates; Stock Up 13%

SunPower Q3 Results Top Estimates; Stock Up 13%

SunPower Corp. (SPWR) announced Tuesday that net income attributable to stockholders for the third quarter was $139.41 million or $0.74 per share, compared to a net loss of $84.38 million or $0.49 per share in the prior-year quarter.
RTTNews | 807 일 전
European Shares Poised For Steady Open

European Shares Poised For Steady Open

European stocks look set to open a tad higher on Friday despite U.S. President Donald Trump reiterating tariff, tax threats on foreign countries in his inaugural address at the World Economic Forum 2025 in Davos.
RTTNews | 7 시간 53 분 전
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the positive cues from Wall Street overnight, on hopes some major central banks, including the US Fed will lower interest rates in the first quarter after US President Donald Trump said he will "demand that interest rates drop immediately" in the US to stimulate domestic growth. Asian markets ended mixed on Thursday.
RTTNews | 10 시간 1 분 전
Australian Market Maintains Gains In Mid-market

Australian Market Maintains Gains In Mid-market

The Australian stock market is maintaining its early gains in mid-market trading on Friday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 10 시간 45 분 전