Telesat Full Year 2024 Earnings: CA$6.29 loss per share (vs CA$11.71 profit in FY 2023)

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).

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