Telesat Corporation

Equities

TSAT

CA8795123097

Wireless Telecommunications Services

Market Closed - Toronto S.E. Other stock markets 03:57:56 2024-04-29 pm EDT			5-day change	1st Jan Change
9.87 ^CAD	-2.28%		-7.76%	-28.58%

Apr. 01	Telesat Up 2.4% In US Premarket As Says Government of Canada to Provide C$2.14 Billion Loan for Telesat Lightspeed	MT
Apr. 01	Telesat Lands C$2.14 Billion Government Loan to Support Telesat Lightspeed	DJ

Telesat Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

March 28, 2024 at 07:00 am EDT

Telesat Corporation reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was CAD 165.9 million compared to CAD 206.68 million a year ago. Net income was CAD 10.47 million compared to CAD 22.75 million a year ago.

Basic earnings per share from continuing operations was CAD 0.77 compared to CAD 1.8 a year ago. Diluted earnings per share from continuing operations was CAD 0.74 compared to CAD 1.73 a year ago.

Latest news about Telesat Corporation

Telesat Up 2.4% In US Premarket As Says Government of Canada to Provide C$2.14 Billion Loan for Telesat Lightspeed	Apr. 01	MT
Telesat Lands C$2.14 Billion Government Loan to Support Telesat Lightspeed	Apr. 01	DJ
Telesat Brief: Telesat nd Government of Canada Agree to Terms on C$2.14 Billion Loan in Support of Telesat Lightspeed	Apr. 01	MT
Telesat's Q4 Profit, Revenue Drops; Provides Outlook for 2024; Down 2.4%	Mar. 28	MT
Transcript : Telesat Corporation, Q4 2023 Earnings Call, Mar 28, 2024	Mar. 28
Telesat's Q4 Profit, Revenue Drops; Provides Outlook for 2024	Mar. 28	MT
Telesat Brief: Net income for the quarter was $39 million compared to net income of $91 million for the same period in the prior year	Mar. 28	MT
Telesat Corporation Provides Earnings Guidance for the Year 2024	Mar. 28	CI
Telesat Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Telesat Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 28	CI
North American Morning Briefing : Stocks Set for -2-	Mar. 28	DJ
ThinKom and Telesat Expand Agreement for Low Earth Orbit Operations	Mar. 14	MT
Telesat Brief: ThinKom and Telesat Expanding Agreement for Low Earth Orbit Operations	Mar. 14	MT
Telesat and Thinkom Solutions, Inc. Announces an Expanded Development Partnership for Low Earth Orbit Operations	Mar. 14	CI
Avanti Communications Signs Strategic Collaboration Agreement With Telesat As Part Of "New Multi-Orbit Strategy"	Feb. 21	MT
Telesat Brief: Avanti Communications Signing Strategic Collaboration Agreement With Telesat as Part of "New Multi-Orbit Strategy"	Feb. 21	MT
Avanti Communications Signs Strategic Collaboration Agreement with Telesat as Part of New Multi-Orbit Strategy	Feb. 21	CI
Telesat Selected As One Of The National Capital Region's Top Employers For 2024	Feb. 06	MT
Mage Networks Signing Memorandum of Understanding for Telesat Lightspeed Services	Jan. 17	MT
Telesat Brief: Mage Networks Signing Memorandum of Understanding for Telesat Lightspeed Services	Jan. 17	MT
Telesat and Mage Networks Sign Memorandum of Understanding for Telesat Lightspeed Low Earth Orbit	Jan. 17	CI
Telesat Government Solutions Secures DARPA Space-BACN Phase 2 Contract	Nov. 29	MT
Telesat Brief: Telesat Government Solutions Awarded DARPA Space-BACN Phase 2 Contract	Nov. 29	MT
S&P Upgrades Telesat Canada Following Distressed Debt Repurchase; Outlook Negative	Nov. 20	MT
S&P Cuts Telesat Canada Rating on Distressed Debt Repurchase; Down 1.3%	Nov. 13	MT

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Company Profile

Telesat Corporation is a Canada-based global satellite operators. The Company provides mission-critical communications solutions support the requirements of sophisticated satellite users throughout the world. Its Broadcast services include Direct-to-home television, video distribution and contribution, and occasional use services. Its Enterprise service include telecommunication carrier and integrator, government, consumer broadband, resource, maritime and aeronautical, retail and satellite operator services. Its Consulting and other service include Consulting services related to space and earth segments, government studies, satellite control services, and research and development. It provides satellite services to customers from its fleet of 15 in-orbit geostationary satellites, as well as its Canadian payload on the ViaSat-1 satellite. It has developed constellations of low earth orbit (LEO) satellites and integrated terrestrial infrastructure, called Telesat Lightspeed.

Sector

Wireless Telecommunications Services

Calendar

2024-05-09 - Q1 2024 Earnings Release (Projected)

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