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MAXN

Maxeon Solar Technologies Ltd

$10.73

Earnings Summary

Revenue
$348.37Mn
Net Profits
$-1.51Mn
Net Profit Margins
-0.43%

Highlights

Revenue:

Maxeon Solar Technologies Ltd’s revenue jumped 46.33% since last year same period to $348.37Mn in the Q2 2023. On a quarterly growth basis, Maxeon Solar Technologies Ltd has generated 9.44% jump in its revenue since last 3-months.

Net Profits:

Maxeon Solar Technologies Ltd’s net profit jumped 98.28% since last year same period to $-1.51Mn in the Q2 2023. On a quarterly growth basis, Maxeon Solar Technologies Ltd has generated -107.44% fall in its net profits since last 3-months.

Net Profit Margins:

Maxeon Solar Technologies Ltd’s net profit margin jumped 98.83% since last year same period to -0.43% in the Q2 2023. On a quarterly growth basis, Maxeon Solar Technologies Ltd has generated -106.8% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Maxeon Solar Technologies Ltd post its latest quarter earnings

EPS Estimate Current Quarter
-1.17
EPS Estimate Current Year
-1.17

Highlights

EPS Estimate Current Quarter:

Maxeon Solar Technologies Ltd’s earning per share (EPS) estimates for the current quarter stand at -1.17 - a 7.87% jump from last quarter’s estimates.

EPS Estimate Current Year:

Maxeon Solar Technologies Ltd’s earning per share (EPS) estimates for the current year stand at -1.17.

Key Ratios

Key ratios of the Maxeon Solar Technologies Ltd post its Q1 2023 earnings

Return on Assets (ROA)
-0.02
Return on Equity (ROE)
-0.46

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Maxeon Solar Technologies Ltd’s return on assets (ROA) stands at -0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Maxeon Solar Technologies Ltd’s return on equity (ROE) stands at -0.46.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-09-30
-1.56
-1.09
30.13%
2022-06-30
-1.6
-2.15
-34.37%