Complete Solar Reports $81M Q4 Revenue Growth Following SunPower Integration

Complete Solaria, operating as Complete Solar, reported preliminary unaudited financial results for Q4 2024, achieving a consolidated revenue of $81.1 million, surpassing forecasts and reflecting a significant increase from the previous quarter. The company is currently integrating assets acquired from SunPower, which has enabled a reduction in operating expenses by half, and anticipates breakeven operational income in Q1 2025. Despite a pending full-year audit that may affect final results, management remains optimistic about continued revenue growth, projecting $82 million for Q1 2025. The integration of SunPower assets is expected to bolster their market presence and operational efficiency. Complete Solar's leadership aims for operational profitability by 2025, driven by ongoing cost-cutting measures and strategic expansions. T.J. Rodgers, the company's CEO, emphasized the importance of focusing on future growth rather than solely historical results during this transitional phase.