Loral Space & Communications Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced operating loss was USD 1.729 million compared to USD 1.648 million a year ago. Net income was USD 30.716 million compared to net loss of USD 121.343 million a year ago. Basic earnings per share from continuing operations was USD 0.99 compared to basic loss per share from continuing operations of USD 3.92 a year ago. Diluted earnings per share from continuing operations was USD 0.98 compared to diluted loss per share from continuing operations of USD 3.92 a year ago.