OTTAWA, Ontario (AP) — OTTAWA, Ontario (AP) — Telesat Corporation (TSAT) on Tuesday reported a loss of $10.8 million in its first quarter.
The Ottawa, Ontario-based company said it had a loss of 75 cents per share. Earnings, adjusted for non-recurring costs, were 53 cents per share.
The satellite communications company posted revenue of $81.3 million in the period.
Telesat expects full-year revenue in the range of $282.1 million to $296 million.
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