Maxeon Solar Technologies

Maxeon Solar Technologies Ltd. engages in the manufacturer and marketer of premium solar power technology. Its products include Maxeon Line of IBC solar cells and panels, and the Performance Line of shingled solar cells and panels. The firm owns and operates solar cell and panel manufacturing facilities located in France, Malaysia, Mexico and the Philippines, as well as participate in a joint venture in China with TZS. The company was founded in 2019 and is headquartered in Singapore.

Earnings data Q4 2020

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Maxeon Solar Technologies excels in Q4, eyes growth opportunities

Maxeon Solar Technologies delivered strong financial performance in Q4 2022, with a focus on margin improvement and revenue growth. The company's strategic initiatives in distributed generation and utility-scale segments are driving market share gains and ASP increases. Challenges include navigating regulatory changes and potential impacts of domestic content requirements.

Maxeon Solar Technologies surpasses Q1 projections, eyes US expansion

Maxeon Solar Technologies had a strong Q1, exceeding financial projections and maintaining margins in key markets. While facing challenges in the US DG market, the company is focused on growth opportunities and technology leadership to drive future success.

Maxeon Solar reports robust Q2 growth, eyes expansion opportunities

Maxeon Solar Technologies showcased strong financial performance with revenue growth and adjusted EBITDA in Q2, despite market challenges.
The company's strategic strengths lie in its U.S. utility-scale sector exposure, premium market focus, and commitment to high-efficiency technology.
While facing challenges such as demand fluctuations and disputes, Maxeon Solar Technologies is poised for growth through market opportunities and technological advancements.
With updated revenue guidance and expansion plans, the company aims to capitalize on opportunities for increased shipments, margins, and market presence.

Maxeon Solar Technologies faces mixed Q3 results but eyes growth opportunities

Maxeon Solar Technologies navigated a challenging quarter with contrasting performance in key markets. Strategic settlements and joint ventures have positioned the company for growth, with a focus on improving margins and profitability in the medium term. Opportunities exist in new product introductions, cost reductions, and strategic partnerships to drive future success.

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SINGAPORE , Oct. 31, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) (the "Company"), a global leader in solar innovation and channels, today announced it will release its third quarter 2022 financial results on November 10, 2022.

Maxeon Solar Technologies to Release Third Quarter 2022 Financial Results on November 10, 2022

SINGAPORE , Oct. 26, 2022 /PRNewswire/ -- Maxeon Solar Technologies ('Maxeon'), a global leader in solar innovation and channels, today announced the commencement of supplier sustainability monitoring with Singapore-headquartered environmental, social, and governance ('ESG') fintech Hashstacs Pte Ltd ('STACS') via its ESGpedia platform, which powers the ESG Registry of the Monetary Authority of Singapore's ('MAS') Project Greenprint. Maxeon and STACS embarked on the project to leverage holistic ESG data and digital tools on ESGpedia for monitoring the sustainability performance of suppliers in Maxeon's end-to-end supply chain.

Maxeon Solar Technologies Commences Supplier Sustainability Monitoring with STACS via ESGpedia

SINGAPORE , Oct. 17, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) a global leader in solar innovation and channels, today announced a strategic partnership with Star Charge, a leading global electric vehicle (EV) charging solution provider.

Maxeon Solar Technologies Expands its SunPower One Ecosystem to Electric Vehicle Charging with Industry Leader Star Charge

Although revenue increased year on year by 35% to $238 million, MAXN posted underwhelming Q2 financial results, missing EPS by $0.55. The company remains confident in future growth with its 3GW plan for the US, especially after the passing of the Climate Bill Act.

Maxeon Solar: Q2 Losses But Growing Capacity To Meet Demand

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Why Shares of Maxeon Solar Technologies Are Red-Hot This Week

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SINGAPORE , Sept. 8, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd.

Maxeon Solar Technologies Announces Leadership Changes; Jeff Waters to Step Down and CRO Mark Babcock Appointed Interim CEO, Effective September 15, 2022

Maxeon Solar Technologies, Ltd. (MAXN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Maxeon Solar Technologies, Ltd.

Investors believe this solar stock's recent performance was cloaked in gray clouds.

Why Shares of Maxeon Solar Technologies Are Plummeting Today

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN ) Q2 2022 Earnings Conference Call August 18, 2022 5:30 PM ET Company Participants Robert Lahey - Head of IR Jeff Waters - CEO Kai Strohbecke - CFO Conference Call Participants Donovan Schafer - Northland Capital Markets Philip Shen - ROTH Capital Partners Pavel Molchanov - Raymond James Kevin Pollard - Pickering Energy Partners Operator Good day, and thank you for standing by.

Maxeon Solar Technologies, Ltd. (MAXN) CEO Jeff Waters on Q2 2022 Results - Earnings Call Transcript

Maxeon Solar Technologies, Ltd. (MAXN) delivered earnings and revenue surprises of -29.52% and 7.18%, respectively, for the quarter ended June 2022.

Maxeon Solar Technologies, Ltd. (MAXN) Reports Q2 Loss, Tops Revenue Estimates

--Record EU DG revenues, high-volume shipments commenced for US Utility-Scale-- -- Maxeon 7 ready to scale with funding secured -- SINGAPORE , Aug. 18, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial results for the second quarter ended July 3, 2022.

Maxeon Solar Technologies Announces Second Quarter 2022 Financial Results

SINGAPORE , Aug. 12, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) (the "Company"), a global leader in solar innovation and channels, today announced it will release its second quarter 2022 financial results on August 18, 2022.

Maxeon Solar Technologies to Release Second Quarter 2022 Financial Results on August 18, 2022

The stock price has increased by 119.79% in the last 6 months. The new climate bill brings MAXN one step closer to building its first-ever US-based multi-gig solar manufacturing facility.

Maxeon Solar: Big U.S.-Focused Manufacturing Plans For This Global Solar Power Producer

SINGAPORE , July 29, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today expressed their strong support for the recently introduced Inflation Reduction Act of 2022 in the United States Senate.

Maxeon Solar Technologies Supports Inflation Reduction Act, Urges Swift Passage Through Congress

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SINGAPORE , June 30, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the release of its Sustainability Report for the year 2021 (Sustainability Report).

Maxeon Solar Technologies Releases 2021 Sustainability Report with Energy Payback Time, Long Term Targets

Start Time: 17:30 January 1, 0000 6:38 PM ET Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN ) Q1 2022 Earnings Conference Call May 26, 2022, 17:30 PM ET Company Participants Jeff Waters - CEO Kai Strohbecke - CFO Peter Aschenbrenner - Chief Strategy Officer Robert Lahey - IR Conference Call Participants Alex Vrabel - Bank of America Philip Shen - ROTH Capital Pavel Molchanov - Raymond James Kevin Pollard - Pickering Energy Partners Operator Good day, ladies and gentlemen, and welcome to the Maxeon Solar Technologies First Quarter 2022 Earnings Call.

Maxeon Solar Technologies, Ltd. (MAXN) CEO Jeff Waters on Q1 2022 Results - Earnings Call Transcript

Maxeon Solar Technologies, Ltd. (MAXN) delivered earnings and revenue surprises of -1.40% and 4.54%, respectively, for the quarter ended March 2022.

Maxeon Solar Technologies, Ltd. (MAXN) Reports Q1 Loss, Tops Revenue Estimates

--Record European DG Volume with new Beyond the Panel launches-- --First US Utility-Scale shipments delivered successfully-- SINGAPORE , May 26, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial results for the first quarter ended April 3, 2022.

Maxeon Solar Technologies Announces First Quarter 2022 Financial Results

SINGAPORE , May 26, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced an agreement with CED Greentech to significantly expand Maxeon's differentiated channel program to residential installers in the United States.

Maxeon Solar Technologies Expands Residential Channel Program in the United States

SINGAPORE , May 19, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that Philippe Costemale will be joining the company in August to serve as its new Chief Operating Officer (COO).

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