Telesat Q1 2024 GAAP EPS $(0.80) Misses $0.04 Estimate, Sales $152.177M Beat $113.850M Estimate

5/10/24 7:04:46 AM ET

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Telesat (NASDAQ:TSAT) reported quarterly losses of $(0.80) per share which missed the analyst consensus estimate of $0.04 by 2103.25 percent. The company reported quarterly sales of $152.177 million which beat the analyst consensus estimate of $113.850 million by 33.67 percent. This is a 12.16 percent increase over sales of $135.680 million the same period last year.

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Recent Analyst Ratings for
$TSAT

Date	Price Target	Rating	Analyst
4/30/2024	$9.00	Hold	Deutsche Bank

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Telesat Names Brigadier-General (Ret'd) G. Michael Adamson Director of Defence Strategy and Business Development
OTTAWA, Ontario, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Telesat (TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced the appointment of recently retired Brigadier-General G. Michael Adamson as the company's new Senior Director of Defence Strategy and Business Development. In this role, BGen (Ret'd) Adamson will work to expand and execute the government go-to-market and business development strategy for the Telesat Lightspeed low earth orbit (LEO) network, with an emphasis on Canada, the U.S. and other allied nations. "The Telesat Lightspeed constellation will transform connectivity in a variety of enterprise industries, but particularly in the govern
9/18/24 7:00:00 AM ET
$TSAT
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Telesat Announces Results of 2024 Annual General and Special Meeting of Shareholders
OTTAWA, June 20, 2024 (GLOBE NEWSWIRE) -- Telesat Corporation (TSX:TSAT) ("Telesat" or the "Company"), one of the world's largest and most innovative satellite operators, announced the voting results from its annual meeting of shareholders held yesterday virtually via live audio webcast. Shareholders of Telesat voted in favour of all items of business, including the appointment of Deloitte LLP Chartered Professional Accountants as auditors of the Company, the amendment to the Company's Omnibus Plan to increase the number of Class A Common Shares and Class B Variable Voting Shares available for issuance under the Omnibus Plan and the election of each of the director nominees as follows: Di
6/20/24 12:15:57 PM ET
$TSAT
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Philip Harlow Joins Telesat Government Solutions as President
OTTAWA and ARLINGTON, Va., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Telesat (TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced the appointment of Philip Harlow as President of Telesat Government Solutions, a U.S.-incorporated, wholly-owned subsidiary of Telesat that is focused on providing resilient and secure satellite solutions to the U.S. Government and allied nations. With over 25 years of leadership experience, Mr. Harlow joins Telesat Government Solutions with deep knowledge and expertise in delivering SATCOM solutions to government users, including the U.S. Department of Defense and law enforcement and emergency services personnel. He most rece
12/19/22 7:00:00 AM ET
$TSAT
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Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2024
OTTAWA, Ontario, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three and nine-month periods ended September 30, 2024. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (IFRS) unless otherwise noted. "The third quarter showed strong progress in our build-out of Telesat Lightspeed, our state-of-the-art Low Earth Orbit (LEO) constellation," commented Dan Goldberg, Telesat's President and CEO. "During the quarter, we concluded our funding arrangements with the governments of C
11/14/24 7:00:00 AM ET
$TSAT
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Telesat Schedules Third Quarter 2024 Earnings Conference Call for November 14, 2024
OTTAWA, Ontario, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX:TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Thursday, November 14, 2024, at 10:30 a.m. EST to discuss its financial results for the three month and nine month periods ended September 30, 2024. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investors" and the heading "Investor News." Dial-in Instructions:
11/6/24 4:00:00 PM ET
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Telesat Signs US$39 Million Contract with SatixFy to Develop and Deliver Landing Station Baseband Units for Telesat Lightspeed Network
OTTAWA, Ontario and REHOVOT, Israel, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced that SatixFy Communications Ltd. ("SatixFy") (NYSE:SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, will develop and deliver the Landing Station Baseband Units for the upcoming Telesat Lightspeed Network. Under the terms of a new agreement, SatixFy will design, develop, and supply Landing Station Baseband systems to Telesat, with deliveries taking place over a 28-month period. These systems will enable high-speed and efficient communication between
11/4/24 7:00:00 AM ET
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Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2024
OTTAWA, Ontario, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three and nine-month periods ended September 30, 2024. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (IFRS) unless otherwise noted. "The third quarter showed strong progress in our build-out of Telesat Lightspeed, our state-of-the-art Low Earth Orbit (LEO) constellation," commented Dan Goldberg, Telesat's President and CEO. "During the quarter, we concluded our funding arrangements with the governments of C
11/14/24 7:00:00 AM ET
$TSAT
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Telesat Schedules Third Quarter 2024 Earnings Conference Call for November 14, 2024
OTTAWA, Ontario, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX:TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Thursday, November 14, 2024, at 10:30 a.m. EST to discuss its financial results for the three month and nine month periods ended September 30, 2024. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investors" and the heading "Investor News." Dial-in Instructions:
11/6/24 4:00:00 PM ET
$TSAT
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Telesat Reports Results for the Quarter and Six Months Ended June 30, 2024
OTTAWA, Ontario, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Telesat (TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three and six-month periods ended June 30, 2024. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (IFRS) unless otherwise noted. "I am pleased with our financial and operating performance for the second quarter," commented Dan Goldberg, Telesat's President and CEO. "We remain on track to meet our 2024 guidance and, as a result of our continued disciplined execution, delivered industry-leading Adjusted EBITDA margins1, high capacity utilization, a substan
8/14/24 7:00:00 AM ET
$TSAT
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Telesat Q1 2024 GAAP EPS $(0.80) Misses $0.04 Estimate, Sales $152.177M Beat $113.850M Estimate

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Recent Analyst Ratings for
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$TSAT
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SEC Form 3: New insider Gamco Investors, Inc. Et Al claimed ownership of 152,486 shares

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SEC Form 6-K filed by Telesat Corporation

SEC Form 6-K filed by Telesat Corporation

SEC Form 6-K filed by Telesat Corporation

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Telesat Names Brigadier-General (Ret'd) G. Michael Adamson Director of Defence Strategy and Business Development

Telesat Announces Results of 2024 Annual General and Special Meeting of Shareholders

Philip Harlow Joins Telesat Government Solutions as President

Deutsche Bank initiated coverage on Telesat with a new price target

Amendment: SEC Form SC 13D/A filed by Telesat Corporation

Amendment: SEC Form SC 13D/A filed by Telesat Corporation

SEC Form SC 13D/A filed by Telesat Corporation (Amendment)

Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2024

Telesat Schedules Third Quarter 2024 Earnings Conference Call for November 14, 2024

Telesat Signs US$39 Million Contract with SatixFy to Develop and Deliver Landing Station Baseband Units for Telesat Lightspeed Network

CORRECTION: Telesat Q1 2024 GAAP EPS $(0.80) Misses $0.04 Estimate, Sales $112.900M Miss $113.850M Estimate

Telesat Says Remain On Track To Meet Its 2024 Guidance

Telesat Q1 2024 GAAP EPS $(0.80) Misses $0.04 Estimate, Sales $152.177M Beat $113.850M Estimate

Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2024

Telesat Schedules Third Quarter 2024 Earnings Conference Call for November 14, 2024

Telesat Reports Results for the Quarter and Six Months Ended June 30, 2024

Telesat Q1 2024 GAAP EPS $(0.80) Misses $0.04 Estimate, Sales $152.177M Beat $113.850M Estimate

Chat with this insight

Recent Analyst Ratings for $TSAT

$TSAT Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 3: New insider Gamco Investors, Inc. Et Al claimed ownership of 152,486 shares

$TSAT SEC Filings

SEC Form 6-K filed by Telesat Corporation

SEC Form 6-K filed by Telesat Corporation

SEC Form 6-K filed by Telesat Corporation

$TSAT Leadership Updates

Live Leadership Updates

$TSAT Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

$TSAT Large Ownership Changes

This live feed shows all institutional transactions in real time.

$TSAT Press Releases

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$TSAT Market Insights

Live Market Insights

$TSAT Financials

Live finance-specific insights

Telesat Names Brigadier-General (Ret'd) G. Michael Adamson Director of Defence Strategy and Business Development

Telesat Announces Results of 2024 Annual General and Special Meeting of Shareholders

Philip Harlow Joins Telesat Government Solutions as President

Deutsche Bank initiated coverage on Telesat with a new price target

Amendment: SEC Form SC 13D/A filed by Telesat Corporation

Amendment: SEC Form SC 13D/A filed by Telesat Corporation

SEC Form SC 13D/A filed by Telesat Corporation (Amendment)

Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2024

Telesat Schedules Third Quarter 2024 Earnings Conference Call for November 14, 2024

Telesat Signs US$39 Million Contract with SatixFy to Develop and Deliver Landing Station Baseband Units for Telesat Lightspeed Network

CORRECTION: Telesat Q1 2024 GAAP EPS $(0.80) Misses $0.04 Estimate, Sales $112.900M Miss $113.850M Estimate

Telesat Says Remain On Track To Meet Its 2024 Guidance

Telesat Q1 2024 GAAP EPS $(0.80) Misses $0.04 Estimate, Sales $152.177M Beat $113.850M Estimate

Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2024

Telesat Schedules Third Quarter 2024 Earnings Conference Call for November 14, 2024

Telesat Reports Results for the Quarter and Six Months Ended June 30, 2024

Recent Analyst Ratings for
$TSAT

$TSAT
Insider Trading

$TSAT
SEC Filings

$TSAT
Leadership Updates

$TSAT
Analyst Ratings

$TSAT
Large Ownership Changes

$TSAT
Press Releases

$TSAT
Market Insights

$TSAT
Financials