SunPower Q3 Non-GAAP Revenue $432.2M vs $453.252M Est., Adj. EPS $(0.12) vs $0.00 Est.
Portfolio Pulse from Benzinga Newsdesk
SunPower's Q3 non-GAAP revenue was reported at $432.2M, which is lower than the estimated $453.252M. The adjusted EPS was $(0.12), also below the estimated $0.00.
November 01, 2023 | 11:50 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
SunPower's Q3 earnings report shows lower than expected revenue and adjusted EPS, which could negatively impact the company's stock price.
SunPower's Q3 earnings report shows that both revenue and adjusted EPS fell short of estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100