Telesat Corporation (TSAT)

NASDAQ: TSAT · Real-Time Price · USD
17.80
+0.62 (3.58%)
Apr 15, 2025, 4:00 PM EDT - Market closed
3.58%
Market Cap 900.91M
Revenue (ttm) 396.88M
Net Income (ttm) -60.97M
Shares Out 50.61M
EPS (ttm) -4.37
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 44,078
Open 17.14
Previous Close 17.19
Day's Range 17.14 - 17.80
52-Week Range 6.93 - 25.38
Beta 1.84
Analysts Hold
Price Target 9.00 (-49.44%)
Earnings Date May 9, 2025

About TSAT

Telesat Corporation, a satellite operator, engages in the provision of mission-critical communications solutions to support the requirements of satellite users worldwide. The company offers direct-to-home television, video distribution and contribution, and occasional use services; telecommunication carrier and integrator, government, consumer broadband, resource, maritime and aeronautical, and retail and satellite operator services; and consulting services related to space and earth segments, government studies, satellite control services, and... [Read more]

Sector Technology
IPO Date Apr 12, 1996
Employees 490
Stock Exchange NASDAQ
Ticker Symbol TSAT
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for TSAT stock is "Hold" and the 12-month stock price forecast is $9.0.

Price Target
$9.0
(-49.44% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Low Earth Orbit Satellites Are The Future; Telesat Is A Speculative Player

Telesat is developing a Low Earth Satellite Network, Lightspeed, to compete with Starlink and others. The company has contracts secured, and its Lightspeed network could be financially lucrative if it...

2 days ago - Seeking Alpha

Telesat Corporation Has A Ceiling On Growth

Telesat Corporation is navigating a tough transition—core revenue is falling due to expiring contracts and increased competition, just as it ramps up massive capital and operating spend for its Lights...

6 days ago - Seeking Alpha

Telesat Corporation (TSAT) Q4 2024 Earnings Call Transcript

Telesat Corporation (NASDAQ:TSAT) Q4 2024 Earnings Conference Call March 27, 2025 10:00 AM ET Company Participants James Ratcliffe - VP, IR Dan Goldberg - President & CEO Andrew Browne - CFO Conferen...

19 days ago - Seeking Alpha

Telesat Reports Results for the Quarter and Twelve Months Ended December 31, 2024

OTTAWA, Ontario, March 27, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the th...

19 days ago - GlobeNewsWire

ADN Telecom signs multi-year Telesat Lightspeed partnership agreement

OTTAWA, Ontario and DHAKA, Bangladesh, March 25, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and ADN Telecom Limited (D...

21 days ago - GlobeNewsWire

Telesat Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call for March 27, 2025

OTTAWA, Ontario, March 21, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Thursday, Mar...

25 days ago - GlobeNewsWire

Space Norway selects Telesat Lightspeed Low Earth Orbit (LEO) connectivity solution

OTTAWA, Canada and OSLO, Norway, March 11, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Space Norway, Northern Europ...

5 weeks ago - GlobeNewsWire

Orange and Telesat sign multi-year partnership for Telesat Lightspeed LEO satellite connectivity and terrestrial infrastructure

WASHINGTON, March 11, 2025 (GLOBE NEWSWIRE) -- Orange, one of the world's leading telco operators and digital service providers, and Telesat (Nasdaq and TSX: TSAT), one of the largest and most innovat...

5 weeks ago - GlobeNewsWire

Telesat awards development contract to QEST for Telesat Lightspeed Flat Panel Antenna for commercial aviation

WASHINGTON, March 10, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and QEST Quantenelektronische Systeme GmbH ("QEST"), ...

5 weeks ago - GlobeNewsWire

Telesat Partners with Intellian to Develop Ka-Band Flat Panel User Terminals for Telesat Lightspeed LEO Constellation

OTTAWA, Ontario and PYEONGTAEK, South Korea, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Intellian, a glob...

6 weeks ago - GlobeNewsWire

Telesat Announces Key Executive Leadership Changes

Michel Forest to succeed David Wendling as Chief Technology Officer Asit Tandon joins as Chief Network and Information Officer

3 months ago - GlobeNewsWire

Charles Cynamon Named President of Telesat Government Solutions

OTTAWA, Ontario and ARLINGTON, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced the appointmen...

3 months ago - GlobeNewsWire

Telesat and MDA Space Complete Key Milestone for Telesat Lightspeed Constellation

Spacecraft and multiple major subsystems pass preliminary design review Spacecraft and multiple major subsystems pass preliminary design review

4 months ago - GlobeNewsWire

Telesat Corporation (TSAT) Q3 2024 Earnings Call Transcript

Telesat Corporation (NASDAQ:TSAT) Q3 2024 Earnings Conference Call November 14, 2024 10:30 AM ET Company Participants James Ratcliffe - VP, IR Dan Goldberg - CEO and President Andrew Browne - CFO Joh...

5 months ago - Seeking Alpha

Telesat Schedules Third Quarter 2024 Earnings Conference Call for November 14, 2024

OTTAWA, Ontario, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Thursday, Nove...

5 months ago - GlobeNewsWire

Telesat and Airbus begin collaboration to integrate Telesat Lightspeed services into HBCplus portfolio

LONG BEACH, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- APEX Expo --  Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced the signing of a...

6 months ago - GlobeNewsWire

Telesat: Cheap With Broadband Connectivity Development, And The SpaceX Agreement

Telesat Corporation's LEO satellites and improved broadband connectivity are expected to drive significant demand, supported by agreements with governments, large corporations, and SpaceX. The company...

7 months ago - Seeking Alpha

Telesat Names Brigadier-General (Ret'd) G. Michael Adamson Director of Defence Strategy and Business Development

OTTAWA, Ontario, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced the appointment of recently reti...

7 months ago - GlobeNewsWire

Telesat Completes $2.54 Billion Funding Agreements for Telesat Lightspeed Satellite Constellation with Strong Government Backing

Telesat Lightspeed program will create and sustain thousands of high-quality Canadian jobs and deliver billions of dollars of investment in the Canadian economy Telesat Lightspeed program will create ...

7 months ago - GlobeNewsWire

Telesat Corporation (TSAT) Q2 2024 Earnings Call Transcript

Telesat Corporation (NASDAQ:TSAT) Q2 2024 Earnings Conference Call August 14, 2024 10:30 AM ET Company Participants James Ratcliffe - Vice President, Investor Relations Dan Goldberg - Chief Executive...

8 months ago - Seeking Alpha

Telesat Second Quarter 2024 Earnings Conference Call

OTTAWA, Ontario, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Wednesday, Aug...

8 months ago - GlobeNewsWire

SmartBear Honors Telesat with Software for Good Award

SOMERVILLE, Mass.--(BUSINESS WIRE)-- #QA--Quarterly awards program spotlights SmartBear customer Telesat for energy optimization initiative, driving global sustainability.

9 months ago - Business Wire

Telesat Announces Results of 2024 Annual General and Special Meeting of Shareholders

OTTAWA, June 20, 2024 (GLOBE NEWSWIRE) -- Telesat Corporation (NASDAQ and TSX: TSAT) (“Telesat” or the “Company”), one of the world's largest and most innovative satellite operators, announced the vot...

10 months ago - GlobeNewsWire

Telesat Corporation (TSAT) Q1 2024 Earnings Call Transcript

Telesat Corporation (NASDAQ:TSAT) Q1 2024 Earnings Conference Call May 10, 2024 10:30 AM ET Company Participants Michael Bolitho - Director, Treasury & Risk Management Daniel Goldberg - CEO & Preside...

1 year ago - Seeking Alpha

Telesat Reports Results for the Quarter Ended March 31, 2024

OTTAWA, May 10, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the quarter ended...

1 year ago - GlobeNewsWire