Category Archives: Financial News

SunPower Reports Second Quarter 2022 Results

Added a record 19,700 customers in the second quarter, a 51% increase YoY Accelerated revenue growth to 63% YoY Achieved backlog of 53,000 retrofit and new homes customers Delivered strong gross margin: 20% GAAP, 21% non-GAAP Announced strategic relationship with IKEA U.S. to reach new customers and simplify the solar buying experience SunPower Corp. (NASDAQ:SPWR), a leading solar technology and

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Canadian Solar to Report Third Quarter 2021 Results

Canadian Solar Inc. (“Canadian Solar” or the “Company”) (NASDAQ: CSIQ) announced financial results for the quarter ended September 30, 2021. Highlights Solar module shipments of 3.9 GW in the third quarter of 2021, in line with guidance of 3.8 GW to 4.0 GW. Revenue increased 34% year-over-year (“yoy”) to $1.23 billion, in line with guidance of $1.2 billion to $1.4 billion. Gross margin of 18.6%, above

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First Solar to Announce Third Quarter 2021 Financial Results

Net sales of $584 million Net income per diluted share of $0.42 Cash, cash equivalents, restricted cash, and marketable securities of $1.9 billion Third quarter production of 2.0 GW DC despite challenging freight and COVID-19 environment Increased top production bin to 465 watts, representing 19% glass area efficiency Started construction and purchased equipment for our next-generation factories in Ohio and India YTD net

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SunPower Reports Third Quarter 2021 Results

– Strong third quarter Residential demand with record lead generation.- Growing demand for storage, third quarter storage bookings run rate at $80 million, on track for $100 million run rate by year end.- Reported third quarter financials consistent with previous October 5th business update.- Geographic expansion with Blue Raven brings solar to more homeowners across U.S. SunPower Corp. (NASDAQ:SPWR), a

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Daqo New Energy to Announce Unaudited Third Quarter 2021 Results

Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the third quarter of 2021. Third Quarter 2021 Financial and Operating Highlights• Polysilicon production volume was 21,684 MT in Q3 2021, compared to 21,102 MT in Q2 2021•

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