INTEQ - Intelsat EPS misses by $0.28 beats on revenue

Intelsat (OTCPK:INTEQ): Q3 GAAP EPS of -$1.02 misses by $0.28. Revenue of $526.1M (+7.5% Y/Y) beats by $10.1M. Press Release Adjusted EBITDA was $283.3M for the three months ended September 30, 2021, or 54 percent of revenue, compared to $332.9M, or 68 percent of revenue, for the same period in 2020. At September 30, 2021, Intelsat’s contracted backlog, representing expected future revenue under existing contracts with customers, was $5.7B, as compared to $6.0B at June 30, 2021.

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Intelsat EPS misses by $0.28, beats on revenue