Maxar Technologies Reports Second Quarter 2020 Results

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Go back to Maxar Technologies Reports Second Quarter 2020 Results

Maxar Technologies Ltd. (MAXR) Q2 Revenues Miss

August 5, 2020 4:35 PM EDT

Maxar Technologies Ltd. (NYSE: MAXR) reported Q2 EPS of $4.94, which does not compare to the analyst estimate of $1.06. Revenue for the quarter came in at $439 million versus the consensus estimate of $560.3 million.

Net income of $306 million which included an after-tax gain on disposal of discontinued operations of $304 million, net of $25 million in taxes, from the sale of the MDA Business which closed on April 8, 2020

Demand has remained resilient in the current environment as our customers continue to rely on us for important national security and... More