OTTAWA, Ontario (AP) — OTTAWA, Ontario (AP) — Telesat Corporation (TSAT) on Friday reported a loss of $11 million in its first quarter.
The Ottawa, Ontario-based company said it had a loss of 80 cents per share.
The satellite communications company posted revenue of $112.9 million in the period.
Telesat expects full-year revenue in the range of $404.3 million to $419.1 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSAT at https://www.zacks.com/ap/TSAT
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
