2024-04-09 04:45:48 ET
Summary
- Maxeon Solar Technologies faces a significant decline in revenue growth rates, with anticipated revenues decreasing by approximately 37% y/y.
- The company's net debt position has significantly increased, surpassing its market capitalization.
- Projected negative adjusted EBITDA margins indicate worsening losses amid shrinking revenues, highlighting the growing financial strain on MAXN.
Investment Thesis
Maxeon Solar Technologies ( MAXN ) delivers preliminary results that imply that its revenue growth rates are slowing down at a rapid clip....
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For further details see:
Maxeon Solar Technologies Preliminary Q4 Earnings: Don't Buy This Dip