CSLM Acquisition (NASDAQ:SPWR) Posts Quarterly Earnings Results

CSLM Acquisition (NASDAQ:SPWR) posted its quarterly earnings results on Tuesday. The company reported ($0.14) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $79.73 million for the quarter. CSLM Acquisition had a negative return on equity of 16.64% and a net margin of 5.11%.

CSLM Acquisition Price Performance

Shares of CSLM Acquisition stock opened at $1.21 on Thursday. CSLM Acquisition has a fifty-two week low of $1.10 and a fifty-two week high of $2.50. The firm has a market capitalization of $135.48 million, a P/E ratio of -2.57 and a beta of 0.84. The company’s 50 day moving average price is $1.33 and its two-hundred day moving average price is $1.59.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of CSLM Acquisition in a research report on Wednesday, March 25th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $5.40.

About CSLM Acquisition

Complete Solaria, Inc engages in the provision of solar services. It offers sales enablement, project management, partner coordination, and customer communication. The company is headquartered in San Ramon, CA and does business as SunPower Corporation.