The latest announcement is out from Telesat Corp ( (TSE:TSAT) ).
Telesat Corporation reported its financial results for the quarter ended March 31, 2025, revealing a decrease in revenue to CAD 116.7 million from CAD 152.2 million in the same period last year. The company faced a net loss of CAD 51.5 million, slightly improved from the CAD 52.3 million loss in 2024, indicating ongoing financial challenges. The results highlight the impact of market conditions on Telesat’s operations and underscore the need for strategic adjustments to improve financial performance.
Spark’s Take on TSE:TSAT Stock
According to Spark, TipRanks’ AI Analyst, TSE:TSAT is a Neutral.
Telesat Corp’s stock score reflects substantial financial challenges, including declining revenue and negative profitability margins. Technical indicators suggest weak momentum, and valuation metrics are unfavorable. Despite some positive developments in securing contracts and debt management, these are outweighed by anticipated revenue declines and significant net losses, leading to a cautious outlook.
To see Spark’s full report on TSE:TSAT stock, click here.
More about Telesat Corp
Telesat Corporation operates in the satellite communications industry, providing satellite services and solutions for broadcast, telecom, corporate, and government customers worldwide.
YTD Price Performance: -4.76%
Average Trading Volume: 89,811
Technical Sentiment Signal: Sell
Current Market Cap: $235.2M
See more insights into TSAT stock on TipRanks’ Stock Analysis page.