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SolarMax Technology Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-17 12:00
RIVERSIDE, Calif., Nov. 17, 2025 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) (“SolarMax” or the “Company”), an integrated solar energy company, reported financial results for the quarter ended September 30, 2025. Third Quarter 2025 Financial Highlights Revenue: $30.6 million, up 383% from $6.3 million in the third quarter of 2024.Gross profit: $956,000, down 24% from $1.3 million in the third quarter of 2024 due to timing of recognizing revenue versus gross profit on a large industrial proje ...