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

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

OTTAWA, March 22, 2023 (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, March 29, 2023, at 10:30 a.m. ET to discuss its financial results for the three month and one year periods ended December 31, 2022. 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 2022 Earnings Conference Call

New in 2023: Eligibility expanded to include applicants from accredited college programs New in 2023: Eligibility expanded to include applicants from accredited college programs

Telesat Opens Applications for its Annual National Women in STEM Scholarship Program

The new constellation will enter service in late 2023, providing connectivity for the continental U.S., the Caribbean, and Mexico The new constellation will enter service in late 2023, providing connectivity for the continental U.S., the Caribbean, and Mexico

Anuvu Selects Telesat to Provide Antennas and Ground-Station Infrastructure for the Anuvu Constellation

OTTAWA, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced the launch of its national Fellowship for Indigenous Youth program. The Fellowship will provide scholarships for Indigenous students to pursue their studies and advance their careers in the science, technology, engineering, and math (STEM) fields, plus gain meaningful, hands-on working experience during paid internship placements at Telesat.

Telesat Launches National Fellowship Program for Indigenous Youth

OTTAWA and ARLINGTON, Va., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and 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.

Philip Harlow Joins Telesat Government Solutions as President

TEL AVIV, Israel and OTTAWA, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Spacecom (TASE: SCC), the satellite services provider and owner-operator of the AMOS satellite fleet, and Telesat, (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced the completion of Spacecom's successful testing campaign with Telesat's Phase 1 LEO (Low Earth Orbit) demonstration satellite.

Spacecom Completes Successful Testing Campaign of Telesat's LEO Demonstration Satellite

OTTAWA and HERNDON, Va., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Artel, LLC, a leading supplier of secure government connectivity, today announced the signing of Artel's Master Services Agreement (MSA) for Telesat Lightspeed services.

Artel, LLC inks Master Service Agreement for Telesat Lightspeed LEO Services

OTTAWA and SÃO PAULO, Brazil, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Sencinet, a leading integrator of managed services and solutions, today announced Sencinet's 5-year high-throughput satellite (HTS) capacity commitment to modernize and expand the Petrobras oil and gas connectivity network.

Sencinet Locks in 5-Year HTS Capacity Commitment on Telesat's Telstar 19 VANTAGE Satellite

Telesat bills itself as one of the world's most innovative satellite operators. I believe that further increase in the use of the internet, 5G, and the demand of IoT could boost the company's business model.

Telesat: The Stock Price May Go Up Like Its Satellites

Telesat Corporation (NASDAQ:TSAT ) Q3 2022 Earnings Conference Call November 8, 2022 10:30 AM ET Company Participants Michael Bolitho - Director of Treasury and Risk Management Daniel Goldberg - President, CEO and Director Conference Call Participants Brandon Karsch - Kennedy Lewis Andrew Browne - CFO Operator Good morning, ladies and gentlemen. Welcome to the conference call to report the third quarter 2022 financial results for Telesat.

Telesat Corporation (TSAT) Q3 2022 Earnings Call Transcript

OTTAWA, Nov. 08, 2022 (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, 2022. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted.

Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2022

OTTAWA, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Tuesday, November 8, 2022, at 10:30 a.m. ET to discuss its financial results for the three month and nine month periods ended September 30, 2022. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat.

Telesat Third Quarter 2022 Earnings Conference Call

Telesat Corporation (NASDAQ:TSAT ) Q2 2022 Earnings Conference Call August 5, 2022 10:30 AM ET Company Participants Michael Bolitho - Director of Treasury and Risk Management Dan Goldberg - President, CEO and Director Andrew Browne - CFO Conference Call Participants Walter Piecyk - LightShed Mike Pace - JPMorgan Arun Seshadri - Credit Suisse Jason Kim - Goldman Sachs Operator Good morning, ladies and gentlemen. Welcome to the conference call to report the Second Quarter 2022 Financial Results for Telesat.

Telesat Corporation (TSAT) CEO Dan Goldberg on Q2 2022 Results - Earnings Call Transcript

OTTAWA, Aug. 05, 2022 (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 six-month periods ended June 30, 2022. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted.

Telesat Reports Results for the Quarter and Six Months Ended June 30, 2022

OTTAWA, July 28, 2022 (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, August 5, 2022, at 10:30 a.m. ET to discuss its financial results for the three month and six month periods ended June 30, 2022. 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 2022 Earnings Conference Call

OTTAWA, June 02, 2022 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), 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 2022 Annual Meeting of Shareholders

OTTAWA and SÃO PAULO, Brazil, May 25, 2022 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Telefónica  one of the main providers of telecommunications in the world, today announced the successful completion of the first 5G Low Earth Orbit (LEO) satellite backhaul demonstration in Brazil and Latin America.

Telesat and Telefónica Global Solutions Complete Brazil's First 5G Backhaul Demonstration over LEO Satellite

OTTAWA, May 10, 2022 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, will be participating in two upcoming investor conferences.

Telesat Participation in Investor Conferences

Telesat Corporation (NASDAQ:TSAT ) Q1 2022 Earnings Conference Call May 6, 2022 10:30 AM ET Company Participants Michael Bolitho - Director of Treasury and Risk Management Daniel Goldberg - President, CEO and Director Andrew Browne - CFO Conference Call Participants Julia Kim - Goldman Sachs Arun Seshadri - Crédit Suisse Raghav Garg - DoubleLine Amer Tiwana - Imperial Capital Brandon Karsch - Kennedy Lewis Walt Piecyk - LightShed Operator Good morning, ladies and gentlemen. Welcome to the conference call to report the First Quarter 2022 Financial Results for Telesat.

Telesat Corporation (TSAT) CEO Daniel Goldberg on Q1 2022 Results - Earnings Call Transcript

Telesat Corp (TSX: TSAT) (NASDAQ: TSAT) reported first-quarter revenue of C$185.77 million, a decline of 2.5% year-over-year. The revenue decrease was due to a reduction of service for one of Telesat's North American direct-to-home customers, termination and reductions on contract.

What's Going On With Telesat Shares Today

OTTAWA, May 06, 2022 (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 period ended March 31, 2022. 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, 2022

NASA Communications Services Project partnership will develop and demonstrate next-generation space relay services for NASA near-Earth missions, creating a potential pathway to the future use of the Telesat Lightspeed network NASA Communications Services Project partnership will develop and demonstrate next-generation space relay services for NASA near-Earth missions, creating a potential pathway to the future use of the Telesat Lightspeed network

NASA Selects Telesat Government Solutions for Space-to-Space High Data Rate Connectivity

OTTAWA, April 28, 2022 (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 6, 2022, at 10:30 a.m. ET to discuss its financial results for the three month period ended March 31, 2022. 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 2022 Earnings Conference Call

Approval establishes critical security and assurance to successfully support connectivity and communication needs for U.S. Government sector Approval establishes critical security and assurance to successfully support connectivity and communication needs for U.S. Government sector

DCSA Grants Telesat Government Solutions Facility Clearance

Telesat Corporation (TSAT) CEO Dan Goldberg on Q4 2021 Results - Earnings Call Transcript

News for Telesat Corp Stock (TSAT)