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Home » News » Solar » SunPower Reports Q3 Net Loss of US$32 Million, Adjusts FY2023 Guidance
Finance

SunPower Reports Q3 Net Loss of US$32 Million, Adjusts FY2023 Guidance

By Patrick VaughnNovember 3, 20233 Mins Read
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Credit: Sunpower
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US-based residential solar provider, SunPower, has revised its full-year 2023 financial guidance, attributing the changes to diminished consumer demand and delayed revenue recognition resulting from extended cycle times. The company's Q3 2023 financial report reveals a net loss of US$32 million, a significant shift from the net income of US$138.4 million recorded in Q3 2022,

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