Maxar Technologies Ltd. (MAXR) Reports Q4 Loss Per Share of $16.10

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Maxar Technologies Reports 2018 Year End Results

February 28, 2019 4:27 PM EST

Announces Organizational Restructuring to Drive Savings and Reduce Cost Structure

Concludes Review of Strategic Options for GEO Comsat Business

WESTMINSTER, CO, Feb. 28, 2019 /PRNewswire/ - Maxar Technologies Inc. ("Maxar" or the "Company"), a global technology innovator powering the new space economy, today reported financial results for the year ended December 31, 2018. All dollar amounts in this press release are expressed in U.S. dollars unless otherwise noted.

Key points from the year include:

Consolidated revenues of $2,141 million Net loss under US GAAP of $1,264 million... More