Polaris Renewable Energy Q3 Net Loss Widens

09:33 AM EST, 11/05/2026 (MT Newswires) -- Polaris Renewable Energy (PIF.TO) reported a third-quarter net loss attributable to shareholders of $0.34 per share on Thursday, compared with a $0.02 loss per share, a year earlier. Total revenue fell to $19 million in the three months ended Sept. 30, compared with $19.04 million, a year-ago. Analysts polled by FactSet expected revenue of $18.1 million. The company also declared a quarterly dividend of $0.15 per common share outstanding, unchanged from the prior quarter. This dividend will be paid on Nov. 20, to shareholders of record at the close of business on Nov. 12, it said. Shares of the company closed up 0.95% to CA$13.75 on Wednesday on the Toronto Stock Exchange.