SunPower Shares Fall After 2025 Revenue Cut

MT Newswires Live

04/16

SunPower (SPWR) shares fell more than 3% on Wednesday, a day after the company trimmed its 2025 revenue to $300 million in its audited Form 10-K from $308.8 million as per earlier quarterly reports.

The company adjusted its 2025 gross profit to $129.2 million compared with $149.8 million reported earlier.

Also, the company said it plans to restate its Q1 through Q3 quarterly reports to match them with the reference 10-K results.

Price: 1.20, Change: -0.03, Percent Change: -2.85

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