2023-03-29 08:02:07 ET
- Telesat press release ( NASDAQ: TSAT ): Q4 GAAP EPS of C$1.76.
- Revenue of C$206.68M (+10.2% Y/Y).
- 2023 Outlook:
- Telesat expects its full year 2023 revenues (assuming a foreign exchange rate of US$1 = C$1.35) to be between C$690 million and C$710 million.
- Telesat expects its Adjusted EBITDA (assuming a foreign exchange rate of US$1 =C$1.35) to be between C$500 million and C$515 million in 2023.
- For 2023, Telesat expects its cash flows used in investing activities to be in the range of C$40 million to C$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.
For further details see:
Telesat GAAP EPS of C$1.76, revenue of C$206.68M