Anik (satellite)

Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2023

Retrieved on: 
星期一, 十一月 6, 2023
Adjustment, Form 6-K, Insurance, International, MDA, FCC, Government, TSAT, SpaceX, News, Speed of light, International Financial Reporting Standards, Hertz, Growth, Falcon, Anik (satellite), Ecosystem, Webcast, Falcon 9, LEO, System, TSX, Cryptocurrency, Communications satellite, Internet service provider, Car rental, Telesat

For the nine-month period ended September 30, 2023, Telesat reported consolidated revenue of $538 million, a decrease of 3% ($14 million) compared to the same period in 2022.

Key Points: 
  • For the nine-month period ended September 30, 2023, Telesat reported consolidated revenue of $538 million, a decrease of 3% ($14 million) compared to the same period in 2022.
  • Launch of LEO 3 Demonstration Satellite:
    In July 2023, Telesat launched its LEO 3 demonstration satellite, which has successfully completed in-orbit testing.
  • An amount of $344.9 million (US$259.6 million) was recognized during the three months ended June 30, 2023, and was recorded under other operating gains (losses), net and the payments were received in the three months ended September 30, 2023.
  • ET to discuss its financial results for the three and nine-month periods ended September 30, 2023.

Telesat Reports Results for the Quarter and Six Months Ended June 30, 2023

Retrieved on: 
星期五, 八月 11, 2023
Hertz, International, FCC, Anik (satellite), Government, DTH, Acquisition, NASA, International Financial Reporting Standards, System, LEO, Webcast, TSX, Growth, Form 6-K, Ecosystem, TSAT, Adjustment, MDA, Cryptocurrency, Communications satellite, Life insurance, Arms industry, Internet service provider, Telesat

For the quarter ended June 30, 2023, Telesat’s net income was $520 million compared to net loss of $4 million for the same period in the prior year.

Key Points: 
  • For the quarter ended June 30, 2023, Telesat’s net income was $520 million compared to net loss of $4 million for the same period in the prior year.
  • For the six-month period ended June 30, 2023, Telesat reported consolidated revenue of $363 million, a decrease of 3% ($9 million) compared to the same period in 2022.
  • An amount of $344.9 million (US$259.6 million) was recognized during the three months ended June 30, 2023, and was recorded under other operating gains (losses), net.
  • ET to discuss its financial results for the three and six-month periods ended June 30, 2023.