SunPower Reports Q1 2026 Earnings Below Guidance Amid Market Challenges
SunPower (SPWR) reported first-quarter revenue of $72.8 million, below its prior guidance of $80 million due to weaker market conditions. The company incurred a non-GAAP operating loss of $12.9 million and announced workforce reductions as part of cost-cutting measures.
Tickers: $SPWR
Topics: bookings cash_position cost_reduction operating_loss revenue workforce_changes