Telesat Q4 2023 Earnings Report: Revenue Decline and Impact on GAAP EPS

Thursday, 28 March 2024, 11:16

Telesat's Q4 2023 earnings report shows a significant decrease in revenue by 19.7% YoY, affecting its GAAP EPS which stands at C$0.74. The financial performance signals challenges for the company's profitability and future outlook.
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Telesat Q4 2023 Earnings Report: Revenue Decline and Impact on GAAP EPS

Telesat Q4 2023 Earnings Report

Telesat's Q4 2023 earnings report highlights a 19.7% revenue decline year over year.

Impact on GAAP EPS

The decrease in revenue has directly impacted Telesat's GAAP EPS, which now stands at C$0.74.

  • Revenue Decline: The company experienced a significant drop in revenue compared to the previous year.
  • Profitability Challenges: The decline in GAAP EPS indicates challenges in maintaining profitability.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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