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Telesat: Q3 Earnings Snapshot

By AP News
Published

OTTAWA, Ontario (AP) — OTTAWA, Ontario (AP) — Telesat Corporation (TSAT) on Monday reported a loss of $762,000 in its third quarter.

On a per-share basis, the Ottawa, Ontario-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring gains, were $3.80 per share.

The satellite communications company posted revenue of $130.5 million in the period.

Telesat expects full-year revenue in the range of $514.4 million to $529.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSAT at https://www.zacks.com/ap/TSAT

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