SPI Energy Updates Fiscal 2023 Guidance [Yahoo! Finance]
SPI Energy Co., Ltd. - Ordinary Shares (SPI)
US:NYSE Investor Relations:
investors.spisolar.com
Company Research
Source: Yahoo! Finance
provider of solar storage solutions for business, residential, government, logistics and utility customers, today announced that it is updating its revenue guidance for fiscal 2023. As a result of solar project development sales delayed into 2024, the Company now expects revenue in the range of $204 million to $214 million for fiscal 2023. Despite the revised revenue guidance, SPI Energy remains confident in the profitability and growth potential of its key business divisions. The solar and battery distribution business in Australia and New Zealand has demonstrated robust growth, capitalizing on the increasing demand for renewable energy solutions in these regions. This division's performance is indicative of SPI Energy's strong market presence and its ability to leverage local market dynamics effectively. In the US, the Company's solar module manufacturing operations, which have been operationally profitable for the last five quarters, continue to benefit from a favorable policy
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Sec Filings
- 4/25/24 - Form 8-K
- 4/22/24 - Form 8-K
- 4/2/24 - Form NT
- SPI's page on the SEC website