Maxar Technologies (MAXR) reported its Q3 on Thursday 5th November. Whereupon the stock promptly executed a nosedive. We publish our earnings review for Simplex Pro subscribers here. (Full Duplex Pro subscribers enjoy real-time earnings reactions in our dedicated Slack channel ahead of our published notes).If you're not yet a Cestrian Pro subscriber, you can learn more
Our Q3 Earnings Preview note on Maxar Technologies (MAXR) for Pro subscribers is now live. Subscribers can view the note here.If you're not yet a Cestrian Pro subscriber, you can learn more about our Pro service
Our "Baseline Outlook" note on Maxar Technologies (MAXR) is now live. Subscribers can view the note here.
Maxar Technologies (MAXR) is a $3.7bn EV remote sensing business, one of very few stocks offering investors pure-play exposure to the high growth space sector. The bulk of the company's value is a result of its dominance of security-cleared Earth imaging services provided to federal government agencies. In addition the company has civilian clients for such imaging, and builds communication satellites on a to-order basis - most recently for Intelsat. MAXR stock suffered a brutal fall from grace through 2018, a result of leveraged overexpansion by the prior management team, compounded by a rare on-orbit failure of a Lockheed Martin-built imaging satellite. A new CEO and team took the reins in 2019 and has put in an exceptionally strong performance in restructuring the company. Their work is not yet complete but the worst risks are behind them and the future is bright. The stock has yet to recover to anything like its former high. And therein lies the opportunity.