Telesat (TSAT) Reports Q3 Loss, Tops Revenue Estimates
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Telesat (TSAT) reported a Q3 loss of $0.08 per share, which was better than the Zacks Consensus Estimate of a $0.36 loss. This is a significant improvement from the $3.80 loss per share reported a year ago.
November 14, 2024 | 2:45 pm
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Telesat reported a Q3 loss of $0.08 per share, better than the expected $0.36 loss, showing significant improvement from last year's $3.80 loss per share.
Telesat's reported loss per share was significantly better than expected, which is likely to positively impact the stock price in the short term. The improvement from last year's loss also indicates better financial health.
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