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  "documentTitle": "Maxar Technologies (MAXR)",
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  "notes": "The slide uses a red arrow to emphasize the -12.7% YTD 2018 organic growth decline.",
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      "text": "Q2 results illustrate how the underlying business of the legacy MDA is deteriorating fast. YTD underlying organic growth was -12.7%. Management also cut EBITDA margins materially.",
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      "kind": "quote",
      "text": "Answer Howard Lance: \"We took down I think by 50 basis points...\"",
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      "text": "Question Steven Li: \"Thank you. Hey, Howard, the EBITDA guidance being a little lower...\"",
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      "text": "CEO Howard L. Lance: \"We made some modest adjustments to our EBITDA margin outlook...\"",
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      "text": "We made some modest adjustments to our EBITDA margin outlook at the midyear point raising Imagery a bit higher and putting Space Systems segment a bit lower due to continue Geo concept market weakness and program performance. — CEO Howard L. Lance",
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      "text": "Source: Maxar financial reports",
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      "text": "Pro Forma MDA Sales table showing Q1 2017-2018 and YTD 2017-2018",
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      "text": "Q2 2018 Results Show Continued Strain: Organic Revenue Growth Decline Accelerating And Margins Down",
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