Brief: Telesat Reports Quarterly Loss Of $4.69 Per Share

Telesat

08/11/2022 12:34

Nov 8 (Reuters) - Telesat Corp  TSAT.TO :
    * QUARTERLY REVENUE FELL 6 PERCENT TO C$180.0 MILLION
    * TELESAT REPORTS RESULTS FOR THE QUARTER AND NINE MONTHS
ENDED
SEPTEMBER 30, 2022
    * TELESAT CONTINUES TO EXPECT FY 2022 REVENUES (ASSUMING A
FOREIGN
EXCHANGE RATE OF US$1 = C$1.30) TO BE BETWEEN $740 MILLION AND
$750 MILLION
    * CONTINUES TO EXPECT ITS FY 2022 ADJUSTED EBITDA (ASSUMING
A
FOREIGN EXCHANGE RATE OF US$1 =C$1.30) TO BE BETWEEN $545
MILLION AND $560 MILLION
    * QTRLY LOSS PER SHARE BASIC AND DILUTED $4.69

Source text for Eikon:  ID:nGNX2mytLJ 
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