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SolarBank Corporation (SUUN) Q3 Earnings Miss Estimates Amid Revenue Decline
SolarBank Corporation (SUUN) Q3 Earnings Miss Estimates Amid Revenue Decline
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SolarBank Corporation’s stock dipped 0.49% to $1.82 following disappointing Q3 2025 results. Revenue plunged to C$9 million, missing projections due to delayed project recognition and lack of development income. The net loss widened to C$9 million, reversing last year’s C$5.5 million profit.
Despite short-term setbacks, the company’s long-term outlook appears stable. SolarBank’s asset base grew 395% through its Solar Flow-Through Funds acquisition. The firm secured $100 million in U.S. project financing, signaling confidence in its growth strategy. Engineering and construction revenue accounted for C$7.8 million of total sales.
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