Maxeon Solar Technologies, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 29, 2024
December 05, 2024 at 04:48 pm EST
Maxeon Solar Technologies, Ltd. reported earnings results for the third quarter and nine months ended September 29, 2024. For the third quarter, the company reported sales was USD 88.56 million compared to USD 227.63 million a year ago. Sales was USD 88.56 million compared to USD 227.63 million a year ago. Net loss was USD 393.94 million compared to USD 108.26 million a year ago. Net loss was USD 393.94 million compared to USD 108.26 million a year ago. Basic loss per share from continuing operations was USD 47 compared to USD 221 a year ago. Basic loss per share from continuing operations was USD 47 compared to USD 221 a year ago.
For the nine months, sales was USD 460.24 million compared to USD 894.34 million a year ago. Sales was USD 460.24 million compared to USD 894.34 million a year ago. Net loss was USD 508.32 million compared to USD 89.5 million a year ago. Net loss was USD 508.32 million compared to USD 89.5 million a year ago. Basic loss per share from continuing operations was USD 163 compared to USD 198 a year ago. Basic loss per share from continuing operations was USD 163 compared to USD 198 a year ago.