SunPower Corporation reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 356.91 million compared to USD 497.97 million a year ago. Net loss was USD 123.9 million compared to net income of USD 3.43 million a year ago.

Basic loss per share from continuing operations was USD 0.66 compared to basic earnings per share from continuing operations of USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.66 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago. Basic loss per share was USD 0.71 compared to basic earnings per share of USD 0.02 a year ago.

Diluted loss per share was USD 0.71 compared to diluted earnings per share of USD 0.02 a year ago.