shares of maxeon solar technologies ltd rose by more than 33 to 2544 in early trading wednesday after the company logged higher fourthquarter revenue than expected and provided upbeat firstquarter guidance the singaporebased solar panel designer and manufacturer recorded quarterly revenue of 3235 million up from 2215 million in the same quarter a year earlier and above analyst expectations for 3157 million according to factset for the first quarter maxeon is expecting between 305 million and 345 million in revenue prior to the guidance analysts polled by factset had been projecting firstquarter revenue of 3133 million maxeon said it also expects in the first quarter to post positive adjusted earnings before interest taxes depreciation and amortization for the first time since it separated from american photovoltaic solar energy provider sunpower corp in 2020 shares are up 87 over the past 12 months and 59 since the start of the year