Earnings Call Excerpt
SunPower Corporation (SPWRA)
Q3 2009 Earnings Call
October 22, 2009; 4:30 p.m. ET
Executives
Bob Okunski - Senior Director of IR
Tom Werner - CEO
Dennis Arriola - CFO
Julie Blunden - VP of External Affairs
Howard Wenger - President, Global Business Units
Analysts
Jesse Pichel - Piper Jaffray
Vishal Shah - Barclays Capital
Mehdi Hosseini
Steven Chin - UBS
Satya Kumar - Credit Suisse
Steve O'Rourke - Deutsche Bank
Rob Stone - Cowen and Company
Sanjay Shrestha
Michael Horwitz - Robert Baird
Pavel Molchanov - Raymond James
Presentation
Operator
Good afternoon and welcome to SunPower Corporation’s third quarter 2009 earnings conference call. Today’s conference is being recorded. If you have any objections, you may disconnect at this time.
I would now like to turn the call over to Bob Okunski, Senior Director of Investor Relations at SunPower Corporation. Sir, you may begin.
Bob Okunski
Thanks Andrea. I would like to welcome everyone to our third quarter 2009 earnings conference call. On this call, Tom Werner will give an overview of our Q3 performance followed by Dennis Arriola will go into greater detail on our financials. Tom will then discuss our outlook for the balance of 2009. Following our prepared remarks we will open it up for questions for the remainder of this call.
During today's call, we will make forward-looking statements that are subject to various risks and uncertainties that are described in our most recent 2008 10-K filed with the SEC in February of 2009 and our today’s press release with our Q3 results. Please see our 10-K and press release for those factors that may impact these forward-looking statements.
As you can see on slide two is our Safe Harbor statement. To enhance this call we have posted a set of PowerPoint slides which we will reference on this call on the Event and Presentations of our Investor Relations website. In the same location we have posted a supplemental data sheet related to our historical performance. As usual we will keep this call to one hour, including questions.
With that I'd like to turn the call over to Tom Werner, CEO of SunPower.
Tom Werner
Q3 was another strong quarter with record revenue and production. As our vertically integrated strategy and diversified market approach provided solid quarterly results. Our strategy of brand, technology, cost, and people is paying off as customers continue to look to SunPower as their first choice solar supplier because of our experience industry leading technology, and levelized cost of energy.
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