Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
So what: Revenue improved 71% to $937.1 million. Non-GAAP earnings more than doubled to $1.36 per share. Analysts were expecting $931.4 million and $1.05, respectively.
Now what: Those are excellent numbers, to be sure. Yet guidance seems to be what has captured the imagination of investors. SunPower raised its 2011 outlook to $2 and $2.20 per share on $2.8 to $2.95 billion in revenue, Reuters reports. An earlier forecast called for $1.75 to $2.05 a share on $2.65 to $2.85 billion in revenue.