Maxar Technologies Ltd. (MAXR) Misses Q1 EPS, Revs
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Maxar Technologies Reports First Quarter 2020 Results and Announces Award for Multiple 1300-Class Communications Satellites
May 11, 2020 4:10 PM EDTWESTMINSTER, Colo.--(BUSINESS WIRE)-- Maxar Technologies (NYSE: MAXR) (TSX: MAXR) (Maxar or the Company), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced financial results for the quarter ended March 31, 2020 and a multi-hundred million dollar contract award to build multiple 1300-Class communications satellites for an undisclosed customer. All dollar amounts in this press release are expressed in U.S. dollars, unless otherwise noted.
Key points from the quarter include:
Consolidated revenues from continuing operations of $381 million Net loss of $48... More