NASDAQ$MAXNQ

Maxeon Solar Technologies Ltd · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

MAXNQ Q4 2023 — SGD 16.3M revenue

These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to ma. Maxeon Solar Technologies Ltd reported Q4 2023 results. Headline numbers extracted from the Form 20-F press release; narrative is light because this row was processed without an LLM call.

  • Revenue: SGD 16.3M.
  • Operating income: SGD 219K.
  • Filed on Form 20-F (accession 0001796898-24-000036).

Headline financials

Total Revenue

$229M

Previous: $324M-29.2%
EPS (adj)

-$0.04

Previous: -$0.02-122.2%
Capital Expenditures

-$14.9M

Previous: $154M-109.7%
Net Income

-$184M

Previous: -$255M+27.7%
Operating Income

-$73.3M

Previous: -$172M+57.5%
Gross Profit

-$34.5M

Previous: -$29M-18.8%
R&D Expense

$9.99M

No prior period
Stock-Based Comp

$18.3M

Previous: $7.23M+153.5%

Revenue & EPS history

Maxeon · Revenue · Quarterly

$229M

Q4 2023-29.2%vs Q4 2022
Beat estimate in 5 of 13 quarters(38%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

-6.4%

Avg return

Earnings day

-4.8%

Avg return

5 days after

-7.9%

Avg return

30 days after

22%

4 / 18 earnings

Positive

+41.1%

Q4 2022

Best reaction

-39.5%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2024+0.0%-5.7%
Q3 2025-12.0%+18.8%
Q4 2025-9.8%-17.2%-9.5%
Q4 2023-39.5%-43.7%-72.6%
Q1 2024-39.5%-43.7%-72.6%
Q3 2023-16.0%-17.0%-0.6%
Q2 2023-33.5%-35.7%-34.8%
Q1 2023+32.7%+19.3%-0.3%
Q4 2022+41.1%+43.0%+39.2%
Q3 2022+19.9%+24.9%+14.1%
Q2 2022-12.6%-6.3%+25.3%
Q1 2022+12.0%+3.8%+12.3%
Q4 2021-6.1%+7.4%-18.2%
Q3 2021-15.5%-4.2%-25.1%
Q2 2021-6.3%-11.4%+7.2%
Q1 2021-2.0%-7.8%+10.2%
Q4 2019-18.4%-22.1%-46.7%
Q3 2020-9.3%+10.9%+45.3%
Q2 2020
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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