SunPower Corp, the No.2 U.S. solar panel maker, reported a quarterly loss, compared with a year-earlier profit, as revenue from its power plant business fell 68 percent.
The company reported a net loss of $56.3 million, or 41 cents per share, attributable to shareholders for the third quarter ended Sept. 27.
A year earlier, SunPower had a profit of $32 million, or 20 cents per share.
The company, majority owned by French energy giant Total SA
, said revenue fell by about 43 percent to $380.2
million.
(Reuters)
