Maxim Power Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was CAD 5.96 million compared to CAD 8.57 million a year ago. Basic earnings per share from continuing operations was CAD 0.12 compared to CAD 0.17 a year ago. Diluted earnings per share from continuing operations was CAD 0.11 compared to CAD 0.15 a year ago.
For the six months, net income was CAD 13.72 million compared to CAD 25.46 million a year ago. Basic earnings per share from continuing operations was CAD 0.27 compared to CAD 0.51 a year ago. Diluted earnings per share from continuing operations was CAD 0.24 compared to CAD 0.42 a year ago.