Maxar Technologies Ltd. (MAXR) Q2 Revenues Miss

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Maxar Technologies Reports Second Quarter 2020 Results

August 5, 2020 4:10 PM EDT

WESTMINSTER, 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 June 30, 2020. 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 $439 million Net income of $306 million which included an after-tax gain on disposal of discontinued operations of $304 million, net... More