Extendicare Announces 2026 Third Quarter Results
Newsfile Corp•05/11/2026•17:00 ET
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Key Highlights
- ➤Q3 Adjusted EBITDA $71.7 million, up 41.2% year over year
- ➤Q3 net earnings $34.2 million, or $0.354 per diluted share
- ➤Home health ADV 79,557, up 111.5%, driven by CBI acquisition and organic growth
- ➤Revenue $627.8 million, up 43.3% excluding out-of-period funding
- ➤Opened 256-bed Extendicare Forest Trail LTC home in Peterborough
Expert Statements
Dr. Michael Guerriere, President and Chief Executive Officer of Extendicare
“Our third quarter results reflect the successful execution of our acquisition strategy. Our home health care segment continues to deliver strong organic growth, and CBI Home Health is performing ahead of expectations.”
Dr. Michael Guerriere, President and Chief Executive Officer of Extendicare
“Strong operating cash flow continued to reduce leverage in the third quarter, providing us with significant flexibility in how we allocate capital in the future. With the Closing the Gap integration largely complete, we are focused on the integration of CBI as we continue to support the growing care needs of Canada's aging population.”
Markham, Ontario--(Newsfile Corp. - November 5, 2026) - Extendicare Inc. (TSX: EXE) ("Extendicare" or the "Company") today reported results for the three and nine months ended September 30, 2026.
Third Quarter 2026 Highlights * Adjusted EBITDA((1)) of $71.7 million, up $20.9 million or 41.2% from Q3 2025.
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