Telesat (NASDAQ:TSAT) Full Year 2024 Results
Key Financial Results
- Revenue: CA$571.0m (down 19% from FY 2023).
- Net loss: CA$87.7m (down by 156% from CA$157.1m profit in FY 2023).
- CA$6.29 loss per share (down from CA$11.71 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Telesat Earnings Insights
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Telecom industry in the US.
Performance of the American Telecom industry.
The company's shares are down 4.5% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Telesat (including 2 which can't be ignored).
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.