SunPower Corporation (SPWR)
After hours:
| Previous close | 2.1400 |
| Open | 1.7800 |
| Bid | 1.9200 x 1800 |
| Ask | 1.9600 x 100 |
| Day's range | 1.7650 - 2.3100 |
| 52-week range | 1.7650 - 13.5000 |
| Volume | |
| Avg. volume | 6,683,648 |
| Market cap | 343.935M |
| Beta (5Y monthly) | 1.54 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.3000 |
| Earnings date | 01 May 2024 - 06 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 3.37 |
ReutersSolar company SunPower flags issues with 2022 financial reporting
(Reuters) -SunPower has identified misstatements in its results for fiscal year 2022, the U.S. solar power storage and energy service provider said in a regulatory filing on Tuesday. The misstatements relate to capitalization of certain deferred costs and wrongly classified sales commissions as cost of revenue, among other things. The company's stock was up 6%, tracking peers, after falling more than 20% earlier following the news.
BloombergSunPower Slides After Disclosing Plans to Restate Earnings
(Bloomberg) -- SunPower Corp. tumbled the most in four months after disclosing plans to restate almost two years of financial results. Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapRay Dalio’s Famous Trade Is Sputtering, Investors BailingBillionaire Pinaults Fight to Pull Gucci Off the Discount RackThe rooftop solar company expects the rev
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