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

Telesat (NASDAQ:TSAT) posted its quarterly earnings results on Thursday. The company reported ($5.90) EPS for the quarter, missing the consensus estimate of ($1.21) by ($4.69), Zacks reports. Telesat had a net margin of 7.99% and a negative return on equity of 3.16%. The business had revenue of $88.94 million during the quarter, compared to analysts’ expectations of $120.60 million. Telesat updated its FY 2025 guidance to EPS.

Telesat Stock Performance

Shares of TSAT stock opened at $19.08 on Friday. The company’s fifty day simple moving average is $19.64 and its 200-day simple moving average is $15.92. The company has a current ratio of 4.36, a quick ratio of 4.36 and a debt-to-equity ratio of 1.11. Telesat has a 52 week low of $6.93 and a 52 week high of $25.38. The company has a market cap of $260.27 million, a PE ratio of 7.85 and a beta of 2.35.

About Telesat

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.