OTTAWA, Ontario (AP) — OTTAWA, Ontario (AP) — Telesat Corporation (TSAT) on Thursday reported a loss of $90.3 million in its fourth quarter.
The Ottawa, Ontario-based company said it had a loss of $6.41 per share. Losses, adjusted for non-recurring costs, came to $5.90 per share.
The satellite communications company posted revenue of $91.5 million in the period.
For the year, the company reported a loss of $64 million, or $4.59 per share. Revenue was reported as $416.8 million.
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