Investor Alley Inc.

SunPower Corporation&Advanced Micro DevicesAnnouncements: (NASDAQ: SPWR), (NYSE: AMD)

 

New York, NY -- (ReleaseWire) -- 02/12/2013 --On 7th February SunPower Corporation (NASDAQ: SPWR) announced financial results for its 2012 fourth quarter and fiscal year ended Dec. 30, 2012.

"We exited 2012 with strong fourth-quarter results as we benefitted from our diversified downstream channel strategy, solid execution on our cost roadmap and increased customer demand for our high efficiency, industry leading technology," said Tom Werner, SunPower president and CEO.

The Company states first quarter 2013 consolidated non-GAAP guidance of revenues of $475 million to $550 million, gross margin of 18 percent to 22 percent, earnings per diluted share of $0.05 to $0.20, capital expenditures of $30 million to $40 million and MW recognized in the range of 150 MW to 170 MW.

SunPower Corp. (SPWR) designs, manufactures and delivers the highest efficiency, highest reliability solar panels and systems.

Find out more on SPWR here: http://www.wallstreetreport.net/market-scan/?symbol=SPWR

Advanced Micro Devices, Inc. (NYSE: AMD) announced the arrival of its "Never Settle: Reloaded" game bundle, the sequel to last year's monumental "Never Settle" bundle.

The introduction of this gaming bundle further demonstrates AMD leadership in and commitment to gaming as the centerpiece of its long-term graphics strategy. In 2013, AMD plans to further reinforce its position as an industry-leading graphics provider by focusing on four critical pillars.

Advanced Micro Devices, Inc. (AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices.

Find out where AMD could be headed by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=AMD

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