Benzinga | Nov 17, 2021 04:12PM EST

Maxeon Solar Technologies Q3 EPS $(1.62) Misses $(1.40) Estimate, Sales $220.49M Miss $227.98M Estimate

Maxeon Solar Technologies (NASDAQ:MAXN) reported quarterly losses of $(1.62) per share which missed the analyst consensus estimate of $(1.40) by 15.71 percent. This is a 27.68 percent increase over losses of $(2.24) per share from the same period last year. The company reported quarterly sales of $220.49 million which missed the analyst consensus estimate of $227.98 million by 3.29 percent. This is a 6.71 percent increase over sales of $206.62 million the same period last year.