Telesat (NASDAQ:TSAT) Posts 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 negative return on equity of 3.16% and a net margin of 7.99%. Telesat updated its FY 2025 guidance to EPS.

Telesat Price Performance

Shares of Telesat stock traded down $0.35 during trading on Thursday, reaching $20.24. The company’s stock had a trading volume of 103,476 shares, compared to its average volume of 52,726. The company has a quick ratio of 4.36, a current ratio of 4.36 and a debt-to-equity ratio of 1.11. Telesat has a 12-month low of $6.93 and a 12-month high of $25.38. The company has a market capitalization of $276.09 million, a P/E ratio of 8.33 and a beta of 2.35. The business has a 50 day moving average price of $19.49 and a 200-day moving average price of $15.83.

Telesat Company Profile

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.