{"id":47274,"date":"2023-08-11T13:12:39","date_gmt":"2023-08-11T17:12:39","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/after-hours-movers-cano-health-sinks-on-going-concern-doubt-maxeon-falls-on-results\/"},"modified":"2023-08-11T13:12:40","modified_gmt":"2023-08-11T17:12:40","slug":"after-hours-movers-cano-health-sinks-on-going-concern-doubt-maxeon-falls-on-results","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=47274","title":{"rendered":"After-hours movers: Cano Health sinks on &#8216;going concern&#8217; doubt, Maxeon falls on results"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters After-hours movers: Cano Health sinks on &#8216;going concern&#8217; doubt, Maxeon falls on results<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p><strong>After-Hours Stock Movers:<\/strong><\/p>\n<p>Cano Health Inc (NYSE:)\u00a0<span style=\"color: #ff0000;\">50% LOWER<\/span>; Q2 EPS of ($0.51), $0.40 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $766.7 million versus the consensus estimate of $829 million. In addition, management has concluded that there is substantial doubt about the Company&#8217;s ability to continue as a &#8220;going concern&#8221; within one year.<\/p>\n<p>Pagaya (NASDAQ:)\u00a0<span style=\"color: #006400;\">25% HIGHER<\/span>; reported Q2 EPS of $0.00, $0.03 better than the analyst estimate of ($0.03).  came in at $185.69 million versus the consensus estimate of $188.94 million. Pagaya Technologies Ltd. sees Q3 2023 revenue of $190-200 million, versus the consensus of $207.9 million. Pagaya Technologies Ltd. sees FY2023 revenue of $775-825 million, versus the consensus of $803.1 million.<\/p>\n<p><span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Maxeon Solar Technologies <\/span><\/span> Ltd (NASDAQ:)\u00a0<span style=\"color: #ff0000;\">19% LOWER<\/span>; reported Q2 EPS of ($0.03), $0.04 better than the analyst estimate of ($0.07).  came in at $348.4 million versus the consensus estimate of $378.23 million. Maxeon sees Q3 revenue of $280-$320 million, versus the consensus of $395.3 million. Maxeion sees FY revenue of $1.25-$1.35 billion, versus the consensus of $1.51 billion.<\/p>\n<p><span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Arlo Technologies <\/span><\/span> , Inc. (NYSE:) <span style=\"color: #ff0000;\">5% LOWER<\/span>; reported Q2 EPS of $0.06, $0.02 better than the analyst estimate of $0.04.  came in at $115.1 million versus the consensus estimate of $110.18 million.<\/p>\n<p><span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> MercadoLibre <\/span><\/span> , Inc. (NASDAQ:) <span style=\"color: #ff0000;\">3% LOWER<\/span>; announced today the appointment of Marti\u00adn de los Santos as its new CFO. The current CFO, Pedro Arnt, will leave his position to pursue new opportunities outside the company.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/afterhours-movers-cano-health-sinks-on-going-concern-doubt-maxeon-falls-on-results-432SI-3151986\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters After-hours movers: Cano Health sinks on &#8216;going concern&#8217; doubt, Maxeon falls on results After-Hours Stock Movers: Cano Health Inc (NYSE:)\u00a050% LOWER; Q2 EPS of ($0.51), $0.40 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $766.7 million versus the consensus estimate of $829 million. In addition, management has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":47275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-47274","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>After-hours movers: Cano Health sinks on &#039;going concern&#039; doubt, Maxeon falls on results | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters After-hours movers: Cano Health sinks on &#039;going concern&#039; doubt, Maxeon falls on results After-Hours Stock Movers: Cano Health Inc (NYSE:)\u00a050%\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=47274\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After-hours movers: Cano Health sinks on &#039;going concern&#039; 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