Telesat (NASDAQ:TSAT) Posts Earnings Results

Telesat (NASDAQ:TSAT) posted its earnings results on Thursday. The company reported ($5.90) earnings per share (EPS) for the quarter, Zacks reports. Telesat had a net margin of 7.99% and a negative return on equity of 3.16%. Telesat updated its FY 2025 guidance to EPS.

Telesat Price Performance

Shares of NASDAQ:TSAT traded down $0.19 during trading on Thursday, reaching $20.40. The stock had a trading volume of 110,694 shares, compared to its average volume of 52,728. The business has a fifty day moving average price of $19.49 and a 200-day moving average price of $15.83. Telesat has a 1-year low of $6.93 and a 1-year high of $25.38. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.36 and a current ratio of 4.36. The stock has a market cap of $278.28 million, a PE ratio of 8.40 and a beta of 2.35.

About Telesat

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.