Shares of SunPower Corp. were boosted Thursday, after the troubled solar panels and systems company said it secured new funding and waivers from its financial partners, which the company believes will allow it to “navigate current industry headwinds.” The company also reported a wider-than-expected fourth-quarter loss and revenue that fell short of forecasts. The... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Su ...

February 15, 2024 ...

Added 16,000 customers in Q4, 75,900 new customers in FY 2023 Reported Q4 revenue of $357 million; FY 2023 revenue of $1.7 billion Reported Q4 GAAP Net Loss of ($124) million and Adjusted EBITDA of ($68) million; FY 2023 GAAP Net Loss of ($247) million and Adjusted EBITDA of ($84) million Announced $175 million of additional capital and $25 million of additional revolving debt capacity RICHMOND, Calif., Feb. 15, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy ser ...

融资情况 - SunPower公司通过第二抵押贷款从Sol Holding公司筹集了1.75亿美元的资金[1] - 公司还从金融合作伙伴处获得了新的长期豁免，并修改了循环贷款设施[2] 财务业绩发布会 - SunPower公司将在2月15日上午8点举行全年和2023年第四季度财务业绩发布会[3]

Shares of residential solar company SunPower (SPWR 21.12%) jumped as much as 27.4% in trading on Thursday after the company announced some new financing updates. Shares drifted lower as the day went on and are now up 19.9% at 3:15 p.m. ET.SunPower's debt kicked down the roadSunPower has been in default on some of its debt, leading to a "going concern" warning to investors. However, the company has gotten waivers from debtholders and is looking for more financing options. Today's news was that debtholders ha ...

RICHMOND, Calif., Feb. 1, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that it has received additional waiver extensions from Atlas Securitized Products Holdings, L.P., and Bank of America, providing for the extension of the latest temporary waivers until February 16, 2024. Additionally, the Company announced the receipt of commitments for $20 million in financing from its majority shareh ...

In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at SunPower (SPWR -2.29%), its spinoff of Maxeon Solar Tech (MAXN -2.05%), and why Enphase Energy (ENPH -1.37%) and First Solar (FSLR -0.94%) look like better stocks to buy right now.*Stock prices used were from the afternoon of Jan. 23, 2023. The video was published on Jan. 27, 2023. ...

After enjoying a pleasant pop in its share price at the end of 2023, solar company SunPower (SPWR -10.00%) is experiencing a dimmer 2024. Its share price cratered by 10% on Thursday after an analyst downgraded his rating on the stock. That decline was far steeper than the S&P 500 index's 0.3% dip for the session.Yet another bearish take on SunPowerWell before the market opened, Raymond James Financial's Pavel Molchanov changed his recommendation on SunPower stock to market perform -- hold, in other words -- ...

We might be in the depths of winter, but investors have been feeling warm and fuzzy about SunPower (SPWR -1.63%) stock these past few trading days. Data compiled by S&P Global Market Intelligence reveal the solar company's share price glowed more than 8% brighter over the course of this week. SunPower's latest financing news was a major reason for the uptick.SunPower was thrown a financial lifelineAt the end of November, SunPower announced a delay in delivering its latest set of quarterly financials to the ...

The solar industry should have had a good week, with interest rates continuing to fall and the residential solar industry looking like it's about to turn a corner. Instead, SunPower's (SPWR 1.12%) shares collapsed 27%, according to data provided by S&P Global Market Intelligence, because SunPower warned investors that it may not be a "going concern" if it can't find additional financing.The financing crunchThis week, SunPower announced it had breached covenants on debt that could be immediately callable, me ...