Telesat (TSAT) Stock

Telesat (TSAT) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.36. This compares to loss of $3.80 per share a year ago.

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 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.

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 (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 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 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 (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.

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.