SunPower(SPWR) - 2019 Q1 - Earnings Call Presentation

Q1 2019 Performance & Highlights - Non-GAAP revenue for Q1 2019 was $411.6 million[30] - SPT (SunPower Technologies) produced 294 MW and shipped 455 MW in Q1 2019[16] - SPT's international DG shipments reached 190 MW, a 30% increase quarter-over-quarter[16] - SPES (SunPower Energy Services) residential non-GAAP revenue was $167 million with 52 MW deployed[5] - SPES commercial non-GAAP revenue was $75 million with 29 MW deployed[6] Guidance & Outlook - Q2 2019 non-GAAP revenue is projected to be between $420 million and $460 million[35] - FY 2019 non-GAAP revenue is expected to be in the range of $1.9 billion to $2.0 billion[38] - FY 2019 Adjusted EBITDA is projected to be between $90 million and $110 million[38] - The company expects to deploy 1.9 to 2.1 GW in FY 2019, excluding approximately 200 MW for the U S ITC Safe Harbor program[38] Strategic Initiatives - The company monetized a 225 MW commercial sale-leaseback portfolio for over $80 million[32]