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SunPower to Announce Second-Quarter 2021 Results on August 3, 2021
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SunPower to Announce Second-Quarter 2021 Results on August 3, 2021
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SunPower Further Delevers Balance Sheet With 2021 Convertible Bond Retirement
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SAN JOSE, Calif., June 2, 2021 /PRNewswire/ SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced it has further delevered its balance sheet with the full retirement of its 2021 convertible bond. The full repayment of our 2021 convertible bond, in addition to the repayment of our CEDA loan in the second quarter, materially reduces recourse debt while improving our expected return on invested capital, said Peter Faricy, CEO of SunPower. We believe our balance sheet now provides us the business model flexibility to quickly capitalize on new growth opportunities including expanding our residential market footprint and enabling further investment to drive a superior customer experience.
SunPower Reports First Quarter 2021 Results
- Appointed digital and customer experience veteran Peter Faricy as CEO
- Total year-over-year bookings growth of greater than 30 percent
- Gross margin dollar expansion across both businesses - 60 percent year-over-year growth
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SAN JOSE, Calif., May 5, 2021 /PRNewswire/ SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for its first quarter ended April 4, 2021. While demand is soaring, less than three percent of U.S. homes currently have solar and storage and penetration is still in its infancy. To significantly increase category growth, the adoption of distributed energy needs to be easy, reliable and affordable, said Peter Faricy, CEO of SunPower. SunPower has the deepest history and strongest residential and commercial products in the business, and we see customer experience and digital product innov
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SAN JOSE, Calif., April 26, 2021 /PRNewswire/ SunPower Corp. (NASDAQ:SPWR) will discuss its first-quarter 2021 financial results on a conference call, Wednesday, May 5th at 5:30 a.m. Pacific Time. The call-in number is (888) 771-4371 passcode: SunPower, or the webcast can be accessed from SunPower s website at http://investors.sunpower.com/events.cfm.
The earnings press release and supplemental financial information will be available on SunPower s website at http://investors.sunpower.com/events.cfm at 5:05 a.m. PT on May 5, 2021.
About SunPower
Headquartered in California s Silicon Valley, SunPower (NASDAQ:SPWR) is a leading Distributed Generation Storage and Energy Services provider in North America. SunPower offers the only solar + storage solution designed and warranted by one company that gives customers control over electricity consumption and resiliency during power outages while providing cost savings to homeowners, businesses,
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