SunPower overhauls its 2011 fiscal balance sheet

SunPower overhauled its 2011 fiscal balance sheet considering non-GAAP, registering from 2.40 to 2.45 billion dollars total income, a gross margin of 12% to 14% and capital expenditures of 125 to 135 million dollars. Moreover, due to the restructuring program inside the company, for assuring a better future for the company, a pre-tax charge of about 10 million dollars could occur, even if it is not considered in the current 2011 GAAP guidance.

read more... 07/11/2011