Telesat (NASDAQ:TSAT) Issues Earnings Results

Telesat (NASDAQ:TSAT) issued its quarterly earnings results on Thursday. The company reported ($5.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.21) by ($4.69), Zacks reports. The firm had revenue of $88.94 million for the quarter, compared to analysts’ expectations of $120.60 million. Telesat had a negative return on equity of 3.16% and a net margin of 7.99%. Telesat updated its FY 2025 guidance to EPS.

Telesat Trading Down 7.3 %

Shares of TSAT opened at $19.08 on Friday. The company has a market capitalization of $260.27 million, a PE ratio of 7.85 and a beta of 2.35. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.36 and a current ratio of 4.36. Telesat has a fifty-two week low of $6.93 and a fifty-two week high of $25.38. The stock has a fifty day moving average of $19.64 and a two-hundred day moving average of $15.92.

About Telesat

Telesat Corporation, a satellite operator, provides mission-critical communications solutions to broadcast, enterprise, and consulting customers worldwide. The company’s satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers’ homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services.