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Stock impact report

Complete Solar Announces Preliminary Q3’24 Results

Complete Solaria, Inc. (CSLR) 
Company Research Source: GlobeNewswire
OREM, Utah, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Complete Solar Holdings, Inc. d/b/a Complete Solar (“Complete Solar” or the “Company”) (Nasdaq: CSLR), a solar technology, services, and installation company, today announced preliminary Q3’24 financial results of $117.3 million in revenue with a $42.0 million loss for the post-merger company combining CSLR and SunPower. Complete Solar CEO, T.J. Rodgers said, “On Wednesday, November 6, 2024, at our Orem, Utah HQ, we will present to over 1,000 employees the details of our Rev. 5 Annual Operating Plan for cutting headcount and other costs to achieve breakeven operating income in 2025. Since my style has always been to present and explain plans broadly to employees, I am releasing the headline information now to preempt any early dissemination of material non-public information prior to our formal November 13 report to shareholders, at which the final financial results will be presented for the old Complete Solar, which has already been me Show less Read more
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