Maxeon (MAXN) Provides Business Update; Reports Q3 Revenue and Shipment Results
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Maxeon Solar Technologies provides Business Update and Announces Preliminary Third Quarter Revenue and Shipment Results
October 10, 2023 8:55 AM EDTSINGAPORE, Oct. 10, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today provided a business update following the end of the third quarter, during which the Company's performance was impacted by reduced shipments to its largest distributed generation (DG) customer located in the United States and an industry-wide demand slowdown in the global DG markets.
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