Telesat (NASDAQ:TSAT - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.53 EPS for the quarter, beating analysts' consensus estimates of ($0.56) by $1.09, Zacks reports. Telesat had a net margin of 7.99% and a negative return on equity of 3.16%. The business had revenue of $81.12 million for the quarter, compared to analysts' expectations of $106.67 million.
Telesat Trading Up 4.6 %
Shares of Telesat stock traded up $0.72 on Friday, reaching $16.49. 50,994 shares of the company's stock were exchanged, compared to its average volume of 57,367. The firm's 50-day moving average is $18.19 and its two-hundred day moving average is $16.83. The company has a market capitalization of $224.94 million, a P/E ratio of 6.79 and a beta of 2.02. 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 has a 52 week low of $7.21 and a 52 week high of $25.38.
Telesat Company Profile
(
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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.
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