SunPower Corp (NAS:SPWR)
$ 2.375 0.175 (7.95%) Market Cap: 417.63 Mil Enterprise Value: 678.00 Mil PE Ratio: 0 PB Ratio: 1.37 GF Score: 60/100

Q4 2023 SunPower Corp Earnings Call Transcript

Feb 15, 2024 / 01:00PM GMT
Release Date Price: $4.28 (+0.35%)
Operator

Good morning, welcome to SunPower Corporation's fourth quarter and full-year 2023 earnings call. (Operator Instructions) Please be advised, today's conference is being recorded.

I would now like to turn the call over to Mr. Mike Weinstein, Vice president of Investor Relations at SunPower Corporation. You may begin.

Mike Weinstein
SunPower Corp - Vice President - Investor Relations

Good morning. I would like to welcome everyone to our fourth-quarter 2023 earnings conference call.

On the call today, we will begin with comments from Peter Faricy, CEO of SunPower, who will provide an update on Q4 business highlights, recent cost reduction actions, and our recent announcement of fresh capital from our majority shareholders along with our entrance into new long-term waivers from key financial partners, and our entry into an amendment to our revolving debt facility. Peter will also provide a view of key drivers for improved profitability and cash flow in 2024, along with updates on new homes and SunPower Financial. Following Peter's comments, Beth

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