OREM, Utah, July 17, 2025 (GLOBE NEWSWIRE) -- SunPower (aka Complete Solaria, Inc.) (“SunPower” or the “Company”) (Nasdaq: SPWR), a solar technology, services, and installation company, today announced that it will release its quarterly investor report on Tuesday, July 22 prior to the market opening. A webcast will be hosted by CEO T.J. Rodgers on the same day, July 22nd, at 10am PT / 1pm ET to review the results and take questions from the audience. Interested parties may access the webcast by registering here, or by visiting the Events page within the IR section of the company website at: https://investors.sunpower.com/news-events/events.
SunPower CEO T.J. Rodgers said, “I am looking forward to my presentation of our results for Q2’25 – just our third quarter as a combined company. It will be our second quarter with an operating profit, after an inherited four-year profit drought. And, although the recent ITC issues have challenged our industry, I remain confident in SunPower’s ability to make money in the newly free solar market.”
Rodgers continued, “We were honored to have SunPower be invited to join the Russell 3000 and Russell Microcap indices in late June. That could help us fix some of the market damage to the SunPower name being caused by careless reporting on the MarketWatch website.”
Rodgers concluded, “If you bring up SPWR on MarketWatch (as I did on July 16), you will find all five references to “bankruptcy” that are quarters old but zero references to our last two quarterly post-acquisition profit records. I often get emails asking me what is wrong. We have asked nicely, then through a lawyer, to correct the data but we get blowoff letters from a drone “Associate General Counsel.” This refusal to correct bad data is the responsibility of the Dow Company MarketWatch that hypocritically advertises to give: ‘The Latest Industry News from MarketWatch!’ Mr. Murdock, why do you let these clowns use your name?”
About SunPower
SunPower (Nasdaq: SPWR) is a leading residential solar services provider in North America. The Company’s digital platform and installation services support energy needs for customers wishing to make the transition to a more energy-efficient lifestyle. For more information visit www.sunpower.com.
Forward Looking Statements
This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “will,” “goal,” “prioritize,” “plan,” “target,” “expect,” “focus,” “forecast,” “look forward,” “opportunity,” “believe,” “estimate,” “continue,” “anticipate,” and “pursue” or the negative of these terms or similar expressions. Forward-looking statements in this presentation include, without limitation, our future quarterly revenue projections, our expectations regarding our future fiscal financial performance, including with respect to our future quarterly and fiscal combined revenues and profit before tax loss, expectations and plans relating to further headcount reduction, cost control efforts, and our expectations with respect to stock price and when we achieve breakeven operating income and positive operating income, including our models about achieving operating income breakeven or profitability. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, our expectations relating to the ITC phase out and its impacts on our business and market demand, our ability to implement further headcount reductions and cost controls, our ability to integrate and operate the combined business with the SunPower assets, our ability to achieve the anticipated benefits of the SunPower acquisition, global market conditions, changes to domestic or foreign tariffs or tax incentives, any adjustments, changes or revisions to our financial results arising from our financial closing procedures, and other risks and uncertainties applicable to our business. For additional information on these risks and uncertainties and other potential factors that could affect our business and financial results or cause actual results to differ from the results predicted, readers should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our annual report on Form 10-K filed with the SEC on April 30, 2025, our quarterly reports on Form 10-Q filed with the SEC and other documents that we have filed with, or will file with, the SEC. Such filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements in this presentation speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and SunPower assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Company Contacts:
Sioban Hickie
VP, Investor Relations
sioban.hickie@sunpower.com
(801) 477-5847
Source: SunPower
