Revenues dip as Maxar posts quarterly loss

WESTMINSTER — Maxar Technologies Inc. (NYSE: MAXR), an aerospace equipment manufacturer and satellite operator, saw sales shrink and posted a net loss in the second quarter of 2022.

Revenues for the quarter were $438 million, down from $473 million in the same period last year.

Maxar’s Space Infrastructure segment was to blame, “primarily as a result of a $17 million decrease in revenues from recurring commercial programs and a $3 million decrease in revenues from U.S. government contracts,” the company said in its quarterly report.

The Westminster firm posted a net loss of $30 million, which includes a $53 million loss on debt…