Telesat (NASDAQ:TSAT) Announces Quarterly Earnings Results

Telesat (NASDAQ:TSAT) posted its quarterly earnings results on Thursday. The company reported ($5.90) earnings per share (EPS) for the quarter, Zacks reports. Telesat had a net margin of 7.99% and a negative return on equity of 3.16%. Telesat updated its FY 2025 guidance to EPS.

Telesat Trading Down 0.9 %

Shares of TSAT stock traded down $0.19 during mid-day trading on Thursday, hitting $20.40. 110,694 shares of the company’s stock were exchanged, compared to its average volume of 52,728. The stock has a 50-day simple moving average of $19.49 and a two-hundred day simple moving average of $15.83. Telesat has a fifty-two week low of $6.93 and a fifty-two week high of $25.38. The stock has a market cap of $278.28 million, a price-to-earnings ratio of 8.40 and a beta of 2.35. The company has a quick ratio of 4.36, a current ratio of 4.36 and a debt-to-equity ratio of 1.11.

About Telesat

Telesat Corporation, a satellite operator, provides mission-critical communications solutions to broadcast, enterprise, and consulting customers worldwide. The company’s satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers’ homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services.