Maxeon Solar Technologies: Q3 Earnings Insights

Maxeon Solar Technologies MAXN reported its Q3 earnings results on Wednesday, November 17, 2021 at 04:15 PM.

Here's what investors need to know about the announcement.

Maxeon Solar Technologies their estimated earnings by 6.43%, reporting an EPS of $-1.49 versus an estimate of $-1.4, which did not surprise analysts.

Revenue was up $13,868,000 from the same period last year.

Last quarter the company missed on EPS by $0.64, which was followed by a 2.36% drop in the share price the next day.

Here's a look at Maxeon Solar Technologies's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	-1.35	-1.48	-1.04
EPS Actual	-1.99	-1.14	0.11	-2.24
Revenue Estimate	180.17M	160.28M	232.77M	165.01M
Revenue Actual	175.90M	165.42M	245.56M	206.62M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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