Maxar Technologies Ltd. (MAXR) Reports In-Line Q1 EPS

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Maxar Technologies Reports First Quarter 2022 Results

May 9, 2022 4:05 PM EDT

WESTMINSTER, Colo.--(BUSINESS WIRE)-- Maxar Technologies (NYSE: MAXR) (TSX: MAXR) (Maxar or the Company), a provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced financial results for the quarter ended March 31, 2022. All dollar amounts in this press release are expressed in U.S. dollars, unless otherwise noted.

Key points from the quarter include:

Consolidated revenues of $405 million Net loss of $7 million Diluted net loss per share of $0.10 Adjusted EBITDA1 of $84 million Operating cash flows of $48... More