Recap: Maxar Technologies Q1 Earnings

Maxar Technologies MAXR reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:04 AM.

Here's what investors need to know about the announcement.

Maxar Technologies missed estimated earnings by 280.0%, reporting an EPS of $-0.27 versus an estimate of $0.15.

Revenue was up $14.00 million from the same period last year.

Last quarter the company missed on EPS by $1.53 which was followed by a 0.02% increase in the share price the next day.

Here's a look at Maxar Technologies's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.06	0.29	0.13	-0.1
EPS Actual	-1.47	-0.05	-0.41	-0.1
Revenue Estimate	447.03M	456.39M	455.27M	416.95M
Revenue Actual	326.00M	436.00M	438.00M	405.00M

To track all earnings releases for Maxar Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.