Maxeon Solar Technologies, Ltd. provided revenue guidance For the fourth quarter of 2023 and For fiscal year 2023. For the period, the Company anticipates the revenue $220 million - $260 million.

For fiscal year 2023, the Company is revising its annual guidance to reflect the near term softening of residential demand, the recent SunPower settlement and the challenging market conditions which the Company expects to persist through the fourth quarter. Revenue to be within a range of $1,114 million to $1,154 million.