Monday 31 March 2025 05:15 GMT

Telesat


(MENAFN- Baystreet) 10:59 AM EST - Telesat : Today announced its financial results for the three-month period ended December 31, 2024. For the quarter ended December 31, 2024, Telesat reported consolidated revenue of $128 million, a decrease of 23% ($38 million) compared to the same period in 2023. Telesat net loss for the quarter was $447 million compared to net income of $39 million for the same period in the prior year. Telesat shares T are trading up $0.96 at $29.98.

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