Maxeon Solar Technologies: Q2 Earnings Insights

Maxeon Solar Technologies MAXN reported its Q2 earnings results on Thursday, August 18, 2022 at 04:15 PM.

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

Maxeon Solar Technologies missed estimated earnings by 34.37%, reporting an EPS of $-2.15 versus an estimate of $-1.6.

Revenue was up $62.19 million from the same period last year.

Last quarter the company missed on EPS by $0.15 which was followed by a 7.14% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-1.30	-1.29	-1.40	-1.35
EPS Actual	-1.45	-1.69	-1.49	-1.99
Revenue Estimate	213.03M	222.99M	227.98M	180.17M
Revenue Actual	223.08M	221.48M	220.49M	175.90M

To track all earnings releases for Maxeon Solar Technologies visit their earnings calendar here.

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

Earnings Calendar