Maxar Technologies Ltd. (MAXR) Misses Q1 EPS by $2.36, Revenue Misses
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Maxar Technologies Reports First Quarter 2021 Results
May 3, 2021 4:05 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, 2021. All dollar amounts in this press release are expressed in U.S. dollars, unless otherwise noted.
Key points from the quarter include:
Net loss of $84 million, inclusive of a $28 million charge related to the SXM-7 satellite program and a $41 million loss on debt extinguishment from the early repayment of our 2023... More