Brief: Maxim Power Reports Quarterly Net Loss Per Share Of $0.04

Maxim Power

19/03/2020 22:03

March 19 (Reuters) - Maxim Power Corp  MXG.TO :
    * MAXIM POWER CORP. ANNOUNCES 2019 FOURTH QUARTER FINANCIAL
AND
OPERATING RESULTS
    * MAXIM POWER CORP - QTRLY REVENUE $5 MILLION VERSUS $9.8
MILLION
    * MAXIM POWER CORP - QTRLY NET LOSS PER SHARE $0.04
    * MAXIM POWER CORP - ESTIMATES TOTAL CAPEX TO CONSTRUCT M2,
EXCLUDING BORROWING COSTS, WILL BE $147 MILLION
    * MAXIM POWER CORP - CURRENTLY ANTICIPATES THAT M2 WILL
COMMENCE
COMMERCIAL OPERATIONS LATE IN Q2 2020
    * MAXIM POWER - CLOSELY MONITORING POTENTIAL EFFECTS OF
COVID-19
ON M2, INCLUDING ACCESS TO PRODUCTS, SERVICES, LABOUR,
CONSTRUCTION COSTS & TIMING OF COMMERCIAL OPERATIONS THEREOF

Source text for Eikon:  ID:nGNX1HvNd8 
Further company coverage:  MXG.TO 

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