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MAXN - Rays Of Sunshine Piercing Through Maxeon Solar's Cloudy Near Term Earnings
June, 23 2021 10:41 AM
Maxeon Solar Technologies Ltd.
Due to supply chain disruptions, Maxeon's near-term earnings outlook will appear extremely negative. Manufacturing gross margin should normalize within one or two quarters of input cost stability. Product transition to Maxeon's next-generation solar module should help improve gross margin in the second half. Expansion into the U.S. market should further drive profitability beyond this year. For further details see:
Rays Of Sunshine Piercing Through Maxeon Solar's Cloudy Near Term Earnings
Stock Information
Company Name:
Maxeon Solar Technologies Ltd.
Stock Symbol:
MAXN
Market:
NASDAQ
Website:
maxeon.com
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