SunPower Sees FY23 Net Loss $(90M)-$(70M)
Portfolio Pulse from Benzinga Newsdesk
SunPower Corporation has projected a net loss of between $90 million and $70 million for the fiscal year 2023.
July 26, 2023 | 12:34 pm
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SunPower's projected net loss for FY23 could negatively impact its stock price.
SunPower's projected net loss for FY23 indicates potential financial instability, which could lead to a decrease in investor confidence and a subsequent drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100