Telesat Corp

Telesat Corp. delivers satellite communications and consulting services. The company was founded in 1969 and is headquartered in Ottawa, Canada.

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Telesat Corp reports stable Q2 performance amidst cost challenges

Telesat Corp's Q2 2024 performance showed stable revenues and adjusted EBITDA, with a focus on cost management and operational efficiency.
Despite challenges in net income decrease and operating expenses, the company's strong cash position and debt reduction indicate financial resilience.
Opportunities lie in strategic investments, acquisitions, and enhancing operational efficiency to drive growth and profitability for Telesat.

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Telesat Corp. engages in the provision of satellite communications and consulting services. It operates through Geostationary (GEO) and Low Earth Orbit (LEO) segments. The company was founded in 1969 and is headquartered in Ottawa, Canada.

LONG BEACH, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- APEX Expo --  Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced the signing of a Memorandum of Understanding (MOU) with Airbus SAS to collaborate on the integration of the Telesat Lightspeed low earth orbit (LEO) network within the Airbus HBCplus Ka-band solution portfolio.

Telesat and Airbus begin collaboration to integrate Telesat Lightspeed services into HBCplus portfolio

Telesat Corporation's LEO satellites and improved broadband connectivity are expected to drive significant demand, supported by agreements with governments, large corporations, and SpaceX. The company's ongoing debt repurchase efforts may enhance stock valuation by lowering financial risks, making TSAT appear undervalued based on P/E ratio and EV/TTM EBITDA. Telesat's strong positioning in Canada and its links with major clients like Bell Canada and Hughes Network Systems indicate robust future revenue growth.

Telesat: Cheap With Broadband Connectivity Development, And The SpaceX Agreement

OTTAWA, Ontario, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and 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.

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

Telesat (TSAT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Telesat (TSAT) Moves 10.3% Higher: Will This Strength Last?

Telesat Lightspeed program will create and sustain thousands of high-quality Canadian jobs and deliver billions of dollars of investment in the Canadian economy Telesat Lightspeed program will create and sustain thousands of high-quality Canadian jobs and deliver billions of dollars of investment in the Canadian economy

Telesat Completes $2.54 Billion Funding Agreements for Telesat Lightspeed Satellite Constellation with Strong Government Backing

Telesat Corporation (NASDAQ:TSAT ) Q2 2024 Earnings Conference Call August 14, 2024 10:30 AM ET Company Participants James Ratcliffe - Vice President, Investor Relations Dan Goldberg - Chief Executive Officer & President Andrew Browne - Chief Financial Officer Dave Wendling - Chief Technical Officer John Flaherty - Vice President, Business Planning & Marketing Conference Call Participants Edison Yu - Deutsche Bank David McFadden - Cormark Securities Chris Quilty - Quilty Space Walter Piecyk - Lightshed Sean Mahoney - Bank of America Operator Good morning, ladies and gentlemen, and welcome to the conference call to report the second quarter 2024 financial results for Telesat. Our speakers today will be Daniel Goldberg, President and Chief Executive Officer of Telesat, and Andrew Browne, Chief Financial Officer of Telesat.

Telesat Corporation (TSAT) Q2 2024 Earnings Call Transcript

Telesat (TSAT) came out with a quarterly loss of $2.87 per share versus the Zacks Consensus Estimate of $2.47. This compares to earnings of $1.53 per share a year ago.

Telesat (TSAT) Reports Q2 Loss, Tops Revenue Estimates

OTTAWA, Ontario, Aug. 07, 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 Wednesday, August 14, 2024 at 10:30 a.m. ET to discuss its financial results for the three month and six month periods ended June 30, 2024. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat.

Telesat Second Quarter 2024 Earnings Conference Call

SOMERVILLE, Mass.--(BUSINESS WIRE)-- #QA--Quarterly awards program spotlights SmartBear customer Telesat for energy optimization initiative, driving global sustainability.

SmartBear Honors Telesat with Software for Good Award

OTTAWA, June 20, 2024 (GLOBE NEWSWIRE) -- Telesat Corporation (NASDAQ and 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.

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

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Trade of the Buy: Telesat (TSAT) Stock Is the Most Shorted Equity Right Now

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Telesat Corporation (NASDAQ:TSAT ) Q1 2024 Earnings Conference Call May 10, 2024 10:30 AM ET Company Participants Michael Bolitho - Director, Treasury & Risk Management Daniel Goldberg - CEO & President Andrew Browne - CFO John Flaherty - VP, Business Planning and Marketing Conference Call Participants Edison Yu - Scotiabank Arun Seshadri - BNP Paribas Chris Quilty - Quilty Analytics Marcello Chermisqui - Ares Management Matt Lapides - ABRY Partners Evan McFadgen - Cormark Securities Alex Nolan - Invesco US Walter Piecyk - Lightshed Ventures Operator Good morning, ladies and gentlemen, and welcome to the conference call to report the first quarter 2024 financial results for Telesat. Our speakers today will be Daniel Goldberg, President and Chief Executive Officer of Telesat, and Andrew Browne, Chief Financial Officer of Telesat.

Telesat Corporation (TSAT) Q1 2024 Earnings Call Transcript

OTTAWA, May 10, 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 quarter ended March 31, 2024. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (IFRS) unless otherwise noted.

Telesat Reports Results for the Quarter Ended March 31, 2024

OTTAWA, May 03, 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 Friday, May 10, 2024 at 10:30 a.m. ET to discuss its financial results for the three month period ended March 31, 2024. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat.

Telesat First Quarter 2024 Earnings Conference Call

Telesat Corporation (TSAT) Q4 2023 Earnings Call Transcript

OTTAWA, March 28, 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-month and one-year periods ended December 31, 2023. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (IFRS) unless otherwise noted.

Telesat Reports Results for the Quarter and Twelve Months Ended December 31, 2023

OTTAWA, March 21, 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, March 28, 2024 at 10:30 a.m. ET to discuss its financial results for the three month and one year periods ended December 31, 2023. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat.

Telesat Fourth Quarter 2023 Earnings Conference Call

ThinAir® Ka2517 antenna to be certified for Telesat Lightspeed™ network ThinAir® Ka2517 antenna to be certified for Telesat Lightspeed™ network

ThinKom and Telesat Expand Agreement for Low Earth Orbit Operations

The partnership will bolster Avanti's fully integrated offer with Low Earth Orbit (LEO) capabilities The partnership will bolster Avanti's fully integrated offer with Low Earth Orbit (LEO) capabilities

Avanti Communications Signs Strategic Collaboration Agreement With Telesat as Part of New Multi-Orbit Strategy

Scholarship recipients to reflect Canada's broad diversity and Telesat's commitment to Science, Technology, Engineering and Math (STEM) career advancement Scholarship recipients to reflect Canada's broad diversity and Telesat's commitment to Science, Technology, Engineering and Math (STEM) career advancement

Telesat Opens Annual Scholarship Programs for Women & Indigenous Students

OTTAWA, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced its selection as a National Capital Region's Top Employer for 2024 by Mediacorp Canada Inc., organizers of the annual Canada's Top 100 Employers project. This prestigious recognition underscores Telesat's commitment to creating an exceptional workplace environment and fostering a culture of excellence.

Telesat Selected as One of the National Capital Region's Top Employers for 2024

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MDA: Growth Boosted By The Telesat Satellite Contract (Rating Upgrade)

Mage Networks plans to leverage Telesat Lightspeed to expand broadband internet services to unserved and underserved communities in Canada Mage Networks plans to leverage Telesat Lightspeed to expand broadband internet services to unserved and underserved communities in Canada

News for Telesat Corp Stock (TSAT)