OTTAWA, Ontario (AP) — OTTAWA, Ontario (AP) — Telesat Corporation (TSAT) on Tuesday reported a loss of $90.1 million in its fourth quarter.
On a per-share basis, the Ottawa, Ontario-based company said it had a loss of $6.08. Losses, adjusted for non-recurring costs, came to 97 cents per share.
The satellite communications company posted revenue of $67.5 million in the period.
For the year, the company reported a loss of $111.2 million, or $7.59 per share. Revenue was reported as $299.1 million.
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