The Photovoltaic: Sun Power

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US solar panel manufacturer SunPower revealed a strong Q3 despite a lack of revenue growth and a net loss. These may sound like contradictory statements, but SunPower is currently in the midst of moving towards a different financial model that focuses more SunPower's (NASDAQ:SPWR) tight hold over the high-efficiency commercial solar module market is about to be seriously challenged. SolarCity (NASDAQ:SCTY) recently announced that it had produced ~22.5% efficient modules at its 100 MW Fremont pilot plant. Shares of First Solar (NASDAQ:FSLR) and SunPower (NASDAQ:SPWR) lit up Thursday after the companies posted solid earnings and guidance, but SolarCity fell. Late Thursday, solar panel maker First Solar said Q3 earnings jumped 288% vs. the year-earlier What: Shares of solar company SunPower Corporation (NASDAQ:SPWR) jumped as much as 13% today after reporting third-quarter earnings. So what: Third-quarter non-GAAP revenue of $441.4 million and earnings of $0.13 per share easily topped estimates, which Major PVEP (Photovoltaics Energy Provider) SunPower has lowered its megawatt (MW) deployment guidance for the full-year, impacting revenue, while further transitioning its business model. Relying on GAAP financial metrics to ascertain SunPower’s business SunPower (NASDAQ:SPWR) was downgraded by stock analysts at Vetr from a “strong-buy” rating to a “buy” rating in a report issued on Thursday, ARN reports. They currently have a $29.00 target price on the stock. Vetr‘s price target would suggest a .

SunPower (NASDAQ:SPWR), the second largest U.S. solar company, posted a better than expected set of third quarter numbers, driven largely by demand for its commercial and residential solar products in the United States. [1] However, the utility-scale Oct 28 (Reuters) - No. 2 U.S. solar panel maker SunPower Corp is looking to sell projects in its power plant business and potential buyers include Berkshire Hathaway Energy, Chief Executive Officer Thomas Werner told Reuters. The company first plans to Yelp and SunPower released their latest earnings reports after closing bell tonight. Yelp posted losses of 3 cents per share on revenue of $143.6 million. Analysts had been looking for losses of 9 cents per share and $141.42 million in revenue. In last SunPower (NASDAQ:SPWR) was up 10.4% during trading on Thursday following a better than expected earnings announcement, Marketbeat.com reports. The stock traded as high as $27.88 and last traded at $27.19, with a volume of 2,318,595 shares. The stock had .