MAXN - Maxeon Solar Technologies: New Distribution Channels Open Up The U.S. Market Potential

Summary

• Maxeon Solar posts upward top and bottom-line Q3 results, beating EPS expectations by $0.47 to reach negative $1.09 and increasing revenue to $275.45 million.
• SunPower will no longer have exclusive rights to distribute Maxeon products, opening up huge growth potential throughout the US market.
• DG business pushing the company results forward through diversified product range and success in the EMEA market.
• Cautious of volatile stock history and competitive market landscape.

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