Brief: Telesat Reports QTRLY Consolidated Revenue Of $188 Mln, A Decrease Of 10%

Telesat

13/08/2021 12:26

Aug 13 (Reuters) - Loral Space & Communications Inc
 LORL.O :
    * TELESAT - QTRLY CONSOLIDATED REVENUE OF $188 MILLION, A
DECREASE
OF 10%
    * TELESAT - EXPECT CO WILL BECOME PUBLICLY LISTED IN LATE Q3
OR
EARLY Q4 OF THIS YEAR
    * TELESAT - CONTRACTED BACKLOG FOR FUTURE SERVICES OF
APPROXIMATELY $2.4 BILLION AT JUNE 30
    * TELESAT - QTRLY NET INCOME WAS $61 MILLION VERSUS NET
INCOME OF
$162 MILLION FOR 2020

Source text for Eikon:  ID:nGNX9GxL6J 
Further company coverage:  LORL.O 

 ((Reuters.Briefs@thomsonreuters.com;))