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Telesat Q3 Earnings Outlook: Lightspeed Backlog Surges and $1.7 Billion Debt Maturity

Earnings Whispers ·

TSAT
TSAT Telesat Corp
$42.55 +5.32%
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  1. 1The Street expects a Q3 loss per share of $0.91 and revenue of $54.4 million.
  2. 2The Lightspeed backlog surged from approximately $1.1 billion to roughly $5.6 billion.
  3. 3Telesat Canada's debt maturity of $1.7 billion is due in December.

So what's the key point?

Telesat's backlog has reached $5.6 billion, and $1.7 billion in debt must be repaid in December. Experts expect $54.4 million in revenue and a $0.91 loss this quarter.

Source Earnings Whispers · View original ↗

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