SunPower revenues fall in 3Q 2012 as North American business intensifies

05 Nov. 2012 by

SOLARSERVER - SunPower Corporation (San Jose, California, U.S.) has released financial results for the third quarter of 2012, reporting an 8% year-over-year fall in revenues to USD 649 million, a -11% operating margin and a net loss of USD 48.5 million.

The company increased its share of business in North America to 77% of revenue, with growing sales in Asian markets while its European business declined. SunPower also reported progress on its cost reduction roadmap.


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