Maxar Technologies Reports First Quarter 2021 Results

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

Revenues by segment were as follows:

 

 

 

 

 

 

 

Three Months Ended

 

March 31,

 

2021

 

2020

($ millions)

 

 

 

 

 

Revenues:

 

 

 

 

 

Earth Intelligence

$

250

 

 

$

271

 

Space Infrastructure

 

155

 

 

 

132

 

Intersegment eliminations

 

(13

)

 

 

(22

)

Total revenues

$

392

 

 

$

381

 

We analyze financial performance by segment, which combine related activities within the Company.

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,

($ millions)

 

2021

 

2020

Adjusted EBITDA:

 

 

 

 

 

 

Earth Intelligence

 

$

107

 

 

$

133

 

Space Infrastructure

 

 

(12

)

 

 

(39

)

Intersegment eliminations

 

 

(5

)

 

 

(7

)

Corporate and other expenses

 

 

(23

)

 

 

(10

)

Adjusted EBITDA 1

 

$

67

 

 

$

77

 


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