Telesat Reports Results for the Quarter and Twelve Months Ended December 31, 2024
Telesat Corporation (TSAT)
Company Research
Source: GlobeNewswire
OTTAWA, Ontario, March 27, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three and twelve-month periods ended December 31, 2024. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. “Telesat achieved a great deal in 2024 and I’m pleased with our financial performance and, more importantly in terms of our future, the tremendous progress we made in moving Telesat Lightspeed, our advanced Low Earth Orbit (LEO) satellite program, forward,” commented Dan Goldberg, Telesat’s President and CEO. “Our financial results reflect our continued disciplined execution, delivering revenue and Adjusted EBITDA1 above our 2024 guidance as well as industry-leading Adjusted EBITDA margins1, a substantial GEO backlog2 of $1.1 billion, and significant cash flow.” Goldberg added: “Certainly the biggest development for Telesat las
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News
- Telesat Continues Making Progress, But It Will Take Time [Seeking Alpha]Seeking Alpha
- Telesat enters strategic partnership with Government of Canada and MDA Space to deliver next-generation military satellite communications solutionGlobeNewswire
- Telesat (NasdaqGS:TSAT) Losses Worsen, But Revenue Growth Forecast Tests Bullish Narratives [Yahoo! Finance]Yahoo! Finance
- Telesat invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite network [Canadian Business Journal (Canada)]Canadian Business Journal
- Telesat invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite networkGlobeNewswire
TSAT
Sec Filings
- 12/9/25 - Form 6-K
- 11/4/25 - Form 6-K
- 11/4/25 - Form 6-K
- TSAT's page on the SEC website