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Maxim Power Q3 net income drops 86% to CAD 1.52 million

PUBT·11/05/2026 23:49:05
Maxim Power Q3 net income drops 86% to CAD 1.52 million
  • Maxim Power’s third-quarter 2026 net income fell 86% year over year to CAD 1.52 million.
  • The decline primarily reflected lower average realized power prices and higher natural gas prices, partly offset by generation and commodity-swap gains.
  • Revenue dropped 25% year over year to CAD 20.36 million.
  • M2 operated offline or at lower output levels during uneconomic hours, helping limit the quarter’s negative financial impact.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maxim Power Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611051731PRIMZONEFULLFEED9871883) on November 05, 2026, and is solely responsible for the information contained therein.