CA - Telesat GAAP EPS of $0.60 revenue of $183.42M
2023-05-11 08:19:14 ET
- Telesat press release ( NASDAQ: TSAT ): Q1 GAAP EPS of $0.60.
- Revenue of $183.42M (-1.3% Y/Y).
- 2023 Preliminary Financial Outlook: Telesat continues to expect its full year 2023 revenues (assuming a foreign exchange rate of US$1 = C$1.35) to be between $690 million and $710 million.
- Telesat continues to expect its Adjusted EBITDA 1 (assuming a foreign exchange rate of US$1 =C$1.35) to be between $500 million and $515 million in 2023.
- For 2023, Telesat continues to expect its cash flows used in investing activities to be in the range of $40 million to $70 million. Once Telesat has finalized arrangements around the construction and financing of its Telesat Lightspeed program, it will provide a further update on the anticipated capital expenditures for the year.
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Telesat GAAP EPS of $0.60, revenue of $183.42M