Telesat (NASDAQ:TSAT) Releases Earnings Results

Telesat (NASDAQ:TSAT) announced its quarterly earnings data on Thursday. The company reported ($5.90) earnings per share 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 Stock Performance

Shares of TSAT stock traded down $0.35 during mid-day trading on Thursday, hitting $20.24. 103,476 shares of the stock were exchanged, compared to its average volume of 52,726. The stock has a market capitalization of $276.09 million, a price-to-earnings ratio of 8.33 and a beta of 2.35. Telesat has a 12-month low of $6.93 and a 12-month high of $25.38. The stock’s fifty day simple moving average is $19.49 and its two-hundred day simple moving average is $15.83. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.36 and a current ratio of 4.36.

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.