Maxeon Solar Technologies Q2 EPS $0.03 Beats $(1.08) Estimate, Sales $184.22M Beat $177.02M Estimate

Maxeon Solar Technologies (NASDAQ: MAXN) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $(1.08) by 102.78 percent. This is a 200 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $184.22 million which beat the analyst consensus estimate of $177.02 million by 4.07 percent. This is a 47.12 percent decrease over sales of $348.37 million the same period last year.