US-based solar firm SunPower has provided financial guidance for second-quarter and fiscal year 2013. The firm stated that second-quarter 2013 revenues are likely to be between US$550-600 million, gross margin between 14-16 %, and megawatts (MW) recognized in the range of 260-280MW.
SunPower expects 2013 total revenues to be between US$2.5-2.6 billion with gross margin in the range of 15-17%. SunPower added that 2013 total capex is likely to be between US$60-80 million and gigawatts (GW) recognized in the range of 1.0-1GW.
The firm recently announced first-quarter 2013 revenues reached US$635.4 million. According to the firm, gross margin in the first quarter was 9.3%. The firm saw first-quarter 2013 net loss of US$54.7 million.
Source:
http://www.digitimes.com/news/a20130516VL201.html
