Benzinga | Nov 17, 2021 04:17PM EST

Maxeon Solar Sees Q4 2021 Revenue $215M-$235M Vs $268.21M Est

(In millions, except shipments) Outlook

Shipments, in MW 540 - 570 MW

Revenue $215 - $235

Gross loss(1) $5 - $15

Non-GAAP gross loss(1), (2) $5 - $15

Operating expenses $35 +- $2

Non-GAAP operating expenses(3) $31 +- $2

Adjusted EBITDA(1), (4) $(32) - $(42)

Capital investments(5) $45 - $50

Out-of-market polysilicon cost(1)$13 - $17

Restructuring charges(3), (6) $2 - $3