More on SunPower's Q4: Earnings beat driven by a 100 bps Q/Q increase in gross margin to 12.4%,...

|About: SunPower Corporation (SPWR)|By:, SA News Editor

More on SunPower's Q4: Earnings beat driven by a 100 bps Q/Q increase in gross margin to 12.4%, breaking a string of declines. SunPower is guiding for Q1 revenue of $500M-$575M and EPS of -$0.20 to -$0.05 (consensus of $610.3M and -$0.11), and 2012 revenue of $2.6B and EPS of breakeven or better (consensus of $2.72B and $0.28). In the current environment, that's good enough for a rally. SPWR +12.3% AH. (PR)