Maxar Technologies Reports 2019 Year End Results

 

Three months ended

Year ended

 

December 31,

December 31,

 

2019

2018

2019

2018

($ millions, except per share amounts)

 

 

 

 

 

 

 

 

Revenues

$

410

 

$

418

 

$

1,666

$

1,804

 

Income (loss) from continuing operations

 

53

 

 

(485

)

 

83

 

(873

)

(Loss) income from discontinued operations, net of tax

 

(10

)

 

(456

)

 

26

 

(377

)

Net income (loss)

 

43

 

 

(941

)

 

109

 

(1,250

)

EBITDA1

 

206

 

 

(803

)

 

707

 

(659

)

Adjusted EBITDA1

 

100

 

 

70

 

 

416

 

383

 

 

 

 

 

 

 

 

 

 

Diluted income (loss) per common share:

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

$

0.87

 

$

(8.18

)

$

1.38

$

(15.03

)

(Loss) income from discontinued operations, net of tax

 

(0.17

)

 

(7.69

)

 

0.43

 

(6.49

)

Diluted income (loss) per common share

$

0.70

 

$

(15.87

)

$

1.81

$

(21.52

)

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding (millions) :

 

 

 

 

 

 

 

 

Basic

 

59.8

 

 

59.0

 

 

59.6

 

58.1

 

Diluted

 

61.2

 

 

59.0

 

 

60.2

 

58.1

 

1 This is a non-GAAP financial measure. Refer to section “Non-GAAP Financial Measures” in this earnings release.


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