SPWR stock is one of the biggest gainers today with a jump of 35% in Thursday’s trading after SunPower Corporation (NASDAQ:SPWR) reported solid revenue in Q2 despite earnings missing on Wall Street estimates. The solid quarter is a result of the company’s strategic overhaul as it works to improve its financial position.
Q2 2019 Earnings ResultsIn the second quarter, the company reported a $0.22 adjusted loss per share on revenue of around $481.9 million. This missed on Wall Street’s projection of $0.19 per share on $444.2 million in revenue. The company’s net profit on GAAP- ...
Read The Full Article On StreetSignals.com
Get the latest stock market news on StreetSignals. Follow public companies and get free stock research reports and stock market analysis data and stock tips.
All content provided by StreetSignals is subject to our Terms Of Use and Disclaimer.