MAXN - Maxeon Solar Technologies GAAP EPS of $0.46 beats by $1.02 revenue of $318.33M misses by $9.79M

2023-05-10 16:29:43 ET

• Maxeon Solar Technologies press release ( NASDAQ: MAXN ): Q1 GAAP EPS of $0.46 beats by $1.02 .
• Revenue of $318.33M (+42.7% Y/Y) misses by $9.79M .
• Q2 Outlook: Shipments, in MW 860 - 900, Revenue $360 - $400M, Non-GAAP gross profit $50 - $60M, Adjusted EBITDA $24 - $34M, Capital expenditures $20 - $26M.
• 2023 Outlook: Revenue to be within a range of $1,400 million to $1,600 million.
• Adjusted EBITDA to be within a range of $95 million to $120 million
• Shares +7.14% .

For further details see: