The earnings call highlighted a successful profit turnaround and strategic hires, but concerns remain about stagnant revenue and the impact of significant layoffs. The company's stock valuation may also pose challenges for future growth.
Company Guidance
During SunPower's Q1 2025 earnings call, the company highlighted a significant turnaround in profitability, reporting a non-GAAP profit of $1.27 million, up from a loss of $5.9 million in the previous quarter, alongside $80 million in revenue. This improvement was attributed to strategic cost-cutting, including a reduction in headcount from 3,500 to 906 employees, with a target of 881. The company also emphasized a revenue per employee metric of $369,000 and discussed the impact of a recent merger on financial reporting. Additionally, SunPower announced a strategic focus on battery systems and solar technology partnerships, aiming to enhance their product offerings and drive future growth. The call also touched on the importance of disciplined management processes, including a "requisition auction" for efficient headcount management, and the integration of key industry hires to bolster their technology and storage systems divisions.
Profit Turnaround
SunPower reported a profit of $1.27 million in Q1 2025, up from a loss of $5.9 million in the previous quarter.
Cost Reduction Success
The company reduced its headcount from 1,140 to 906, achieving an annualized cost savings of $1.6 million.
Strategic Partnerships and Board Strengthening
SunPower formed a strategic partnership with Sunder, a major sales firm, and strengthened its Board with three experienced ex-CEOs.
New Executive Hires
The company hired Dick Swanson as a Technology Consultant and Mehran Sedigh as EVP of Storage Systems, bringing significant industry expertise.
Complete Solaria (SPWR) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SPWR Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 30, 2025
$2.00
$1.89
-5.50%
Jan 21, 2025
$1.61
$1.85
+14.91%
Nov 14, 2024
$1.85
$2.24
+21.08%
Aug 14, 2024
$1.60
$1.62
+1.25%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Complete Solaria (SPWR) report earnings?
Complete Solaria (SPWR) is schdueled to report earning on Aug 26, 2025, TBA Not Confirmed.
What is Complete Solaria (SPWR) earnings time?
Complete Solaria (SPWR) earnings time is at Aug 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.