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SunPower (SPWRA) Q3 EPS Beat the Street; Guides FY11 Below Views; CFO Resigns

November 3, 2011 4:30 PM
SunPower Corporation (NASDAQ: SPWRA) reported Q3 EPS of $0.16, $0.10 better than the analyst estimate of $0.06. Revenue for the quarter came in at $705.4 million versus the consensus estimate of $712.57 million.

SunPower Corporation sees FY2011 EPS of $-0.05-$0.20, versus the consensus of $0.73. Sees FY2011 revenue of $2.40-$2.45 billion, versus the consensus of $2.79 billion.

The company also announced a reorganization and the resignation of its CFO Dennis Arriola. Click here to see more details.

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