XMax expects Q3 net loss of $12.1 million-$13.1 million; sales fall 34% to $6.42 million
XMAX•XMax expects a preliminary third-quarter 2026 net loss of $12.1 million to $13.1 million, while net sales fell 34% year over year to about $6.42 million. The board authorized a share repurchase program of up to $30 million.
1. Preliminary third-quarter results
XMax expects a preliminary third-quarter 2026 net loss of $12.1 million to $13.1 million, primarily reflecting a non-cash unrealized loss. Net sales fell 34% year over year to approximately $6.42 million.
2. Nine-month results and repurchases
For the nine months ended September 30, 2026, XMax expects net income of $19.5 million to $20.5 million. The board authorized a share repurchase program of up to $30 million.
