Share this Story: Telesat Reports Results for the Quarter and Twelve Months Ended December 31, 2022 [Financial Post (Toronto, Ontario, Canada)]
Telesat Corporation (TSAT)
Company Research
Source: Financial Post
Author of the article: OTTAWA, March 29, 2023 (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- month and one-year periods ended December 31, 2022. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted. “I am pleased to report that we outperformed our 2022 financial guidance, including the increased and updated guidance we provided when we released our second quarter results in August last year,” commented Dan Goldberg, Telesat's President and CEO. “Telesat continues to generate strong cash flow, ending the year with $1.7 billion in cash, deliver industry-leading Adjusted EBITDA margins , and maintain high capacity utilization and a substantial contractual backlog, closing the year at $1.8 billion.” Subscribe now to read the latest news in your city and across Canada. Subscribe no
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TSAT
Sec Filings
- 4/8/24 - Form SC
- 4/1/24 - Form 6-K
- 3/28/24 - Form 6-K
- TSAT's page on the SEC website