The
company
produced
297MW
and
had
sales
of
$494.1m,
up
9.5%
from
the
year-earlier
period,
not
including
$86.2m
of
revenue
from
utility
power
plant
construction.
But
gross
margin
of
9.2%
was
down
from
19.6%
and
SunPower
recorded
a
net
loss
of
$74.5m,
against
a
loss
of
$2.1m
in
the
first
quarter
of
2011.
SunPower
lost
$0.67
per
share
in
the
first
quarter,
compared
to
$0.02
a
year
ago
and
$0.94
in
the
fourth
quarter
of
2011.
The
first
quarter
result
includes
several
pre-tax
items
totaling
$54m,
without
which
the
quarter's
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