Telesat (NASDAQ:TSAT) Announces Quarterly Earnings Results, Misses Expectations By $4.69 EPS

Telesat (NASDAQ:TSAT - Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($5.90) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.21) by ($4.69), Zacks reports. The company had revenue of $88.94 million for the quarter, compared to the consensus estimate of $120.60 million. Telesat had a negative return on equity of 3.16% and a net margin of 7.99%. Telesat updated its FY 2025 guidance to EPS.

Telesat Trading Down 1.3 %

TSAT stock traded down $0.25 during mid-day trading on Monday, reaching $18.83. The company's stock had a trading volume of 81,352 shares, compared to its average volume of 50,899. Telesat has a 12 month low of $6.93 and a 12 month high of $25.38. The company has a current ratio of 4.36, a quick ratio of 4.36 and a debt-to-equity ratio of 1.11. The business's 50 day moving average price is $19.64 and its 200 day moving average price is $15.99. The company has a market cap of $256.86 million, a price-to-earnings ratio of 7.75 and a beta of 2.35.

Telesat Company Profile

Telesat Corporation, a satellite operator, provides mission-critical communications solutions to broadcast, enterprise, and consulting customers worldwide. The company's satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers' homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services.