Late Thursday, No. 2 solar developer SunPower (SPWR) reported Q1 sales that topped Wall Street estimates, but it also posted its first quarterly loss since Q1 2012, and its current-quarter sales guidance lagged Wall Street views by about $400 million.
SunPower stock was down 1.5% in after-hours trading Thursday, after the company released its earnings. Shares fell 3.7% in Thursday’s regular session. Last week, top rival First Solar (FSLR) reported Q1 sales that lagged Wall Street by about $100 million.