) sank on Wednesday after residential solar panel group reduced its annual financial guidance, citing lower-than-anticipated consumer demand and delayed revenue recognition.
Expectations for adjusted earnings before interest, tax, depreciation and amortization were also revised to predict a 2023 loss of $25M - $35M. SunPower had previously forecast positive earnings of $55M - $75M.
France Dernières Nouvelles, France Actualités
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