WESTMINSTER, Colo. — Maxar Technologies on Monday reported a loss of $7 million in its first quarter.
On a per-share basis, the Westminster, Colorado-based company said it had a loss of 10 cents.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The satellite company posted revenue of $405 million in the period.
Multiple media organizations use Maxar’s satellite imagery in their reporting, notably to show activity in Ukraine as it defends itself against a Russian invasion. Other examples include:
- New Chinese radar looks toward Japan, satellite image shows
- How one US intelligence agency is supporting Ukraine
- Satellite images track new Russian military deployments near Ukraine
- Satellite photos show chaos in Afghanistan exit