Maxar: 2Q Earnings Snapshot

Associated Press
Updated ·1 min read

WESTMINSTER, Colo. (AP) _ Maxar Technologies Inc. (MAXR) on Wednesday reported second-quarter earnings of $306 million.

The Westminster, Colorado-based company said it had net income of $4.94 per share. Earnings, adjusted to account for discontinued operations, came to less than 1 cent on a per-share basis.

The satellite company posted revenue of $439 million in the period.

Maxar shares have risen 32% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $20.73, more than tripling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MAXR at https://www.zacks.com/ap/MAXR