TSAT remains a two-part story. First, it has a declining GEO business. But it also has an ongoing Lightspeed buildout. Lightspeed is moving into production, with the planned constellation now expanded to 225 satellites. TSAT targets to have global commercial service ready by the end of Q1 2028. Plus, TSAT signed a C$2.7 billion Canadian defense agreement.
Telesat NASDAQ: TSAT reported a second-quarter net loss of CAD 559 million as the satellite operator continued to invest in its Lightspeed low Earth orbit network, while its legacy geostationary-orbit business faced ongoing revenue pressure.
Telesat Corporation (TSAT) Q2 2026 Earnings Call Transcript
Telesat (TSAT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Telesat Corporation (TSAT) Discusses New Contract and Updated Financial Outlook Transcript
Telesat NASDAQ: TSAT said it has signed a US$1.9 billion contract with the Government of Canada, the largest revenue contract in the satellite operator's history, to provide military Ka-band connectivity in the Arctic under the Enhanced Satellite Communications Project program.
Telesat stands out in the satellite sector by targeting enterprise markets and exploring an asset-light model for ground infrastructure. TSAT's willingness to partner on ground infrastructure could reduce capex, preserve liquidity, and offer a competitive edge versus capital-intensive rivals. The company's C$2.14B Canadian government loan, enterprise focus, and $1.1B Lightspeed backlog provide strategic and financial support amid execution risks.
Telesat Corporation (TSAT) Q1 2026 Earnings Call Transcript
Telesat Corporation (TSAT) Q4 2025 Earnings Call Transcript
Telesat Corporation ( TSAT ) Q3 2025 Earnings Call November 4, 2025 10:30 AM EST Company Participants James Ratcliffe Daniel Goldberg - President, CEO & Director Andrew Brown Michel Forest - Chief Technology Officer Conference Call Participants David McFadgen - Cormark Securities Inc., Research Division Xin Yu - Deutsche Bank AG, Research Division Caleb Henry - Quilty Space Inc., Research Division Christopher Quilty - Quilty Space Inc., Research Division Presentation Operator " James Ratcliffe " Daniel Goldberg President, CEO & Director " Andrew Brown " Michel Forest Chief Technology Officer " David McFadgen Cormark Securities Inc., Research Division " Cormark Securities Inc., Research Division Xin Yu Deutsche Bank AG, Research Division " Deutsche Bank AG, Research Division Caleb Henry Quilty Space Inc., Research Division " Quilty Space Inc., Research Division Christopher Quilty Quilty Space Inc., Research Division " Quilty Space Inc., Research Division Operator Hello, and welcome to the Telesat Third Quarter 2025 Financial Results Call. [Operator Instructions] I will now turn the conference over to James Ratcliffe.
Telesat (TSAT) came out with a quarterly loss of $1.73 per share versus the Zacks Consensus Estimate of a loss of $0.78. This compares to a loss of $0.08 per share a year ago.
Telesat (TSAT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.