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Gold/Mining/Energy : SunPower Announces Initial Public Offering SPWR
SPWR 1.720+6.2%3:59 PM EST

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To: Jim Oravetz who wrote (27)1/25/2007 12:49:11 PM
From: Jim Oravetz  Read Replies (1) of 196
 
SunPower Swings To 4Q Profit, Rev More Than Doubles

DOW JONES NEWSWIRES
January 25, 2007 8:50 a.m.

SunPower Corp. (SPWR) swung to a fourth-quarter profit of $11.3 million, or 15 cents a share, from a year-ago loss of $640,000, or 1 cent a share.

The San Jose-based maker of solar-electronic technology revenue rose to $74.5 million from $29.3 million a year earlier.

The company expects first-quarter non-GAAP earnings of 18 cents to 20 cents a share on revenue of $125 million to $135 million.

For 2007, SunPower expects non-GAAP earnings of 90 cents to $1 a share on revenue of $640 million to $670 million
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