DALLAS, Aug. 30, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring SunPower Corp. (Nasdaq:SPWRA). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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SunPower Corp. (SPWRA) is a vertically integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies. The Company operates through two business segments: Systems Segment and Components Segment. The Systems Segment represents sales directly to system owners and developers and includes engineering, procurement, construction (EPC) and other services relating to solar electric power systems that integrate the Company's solar panels and balance of systems components, as well as materials sourced from other manufacturers. The Components Segment primarily represents sales of the Company's solar panels and inverters to solar systems installers and other resellers, including the Company's third-party global dealer network. On April 14, 2009, the Company completed the acquisition of Tilt Solar. In March 2010, the Company acquired SunRay Renewable Energy.
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In the report, the analyst notes:
"For all of 2010, SPWRA expects net income between 25 cents per share and 55 cents per share, excluding one-time items. Analysts expect $1.28 per share. It wasn't immediately clear if those numbers can be compared. The Company expects revenue of $2.0 billion to $2.25 billion. Analysts expected $2.1 billion.
"Cypress Semiconductor Corp. and SPWRA recently announced a joint donation to the Second Harvest Food Bank of Santa Clara and San Mateo Counties valued at $1.1 million for the purchase of a SPWRA rooftop solar system. The 322-kilowatt (kW) system will be installed at the non-profit organization's headquarters, located on Curtner Ave. in San Jose, Calif. It is expected to save the food bank nearly $3 million over the 25-year life of the system--translating into approximately 6 million meals for the local community."
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