SunPower’s Q4 Revenue Falls as Higher Interest Rates and NEM 3.0 Hurt Sales

The company’s revenue fell 28% from last year

February 16, 2024

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Distributed generation, storage, and energy services company SunPower Corporation posted a fourth-quarter (Q4) revenue of $356.9 million, down 28% from $498 million last year, hurt by lower customer additions.

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Arshreet Singh

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SunPower’s Q4 Revenue Falls as Higher Interest Rates and NEM 3.0 Hurt Sales

Continue Reading with Premium Access

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