Telesat Corporation (TSAT) Misses Q1 EPS by $2.16, provides outlook

Telesat Corporation (NASDAQ: TSAT) reported Q1 EPS of ($3.04), $2.16 worse than the analyst estimate of ($0.88). Revenue for the quarter came in at $87.06 million versus the consensus estimate of $62.1 million.

2026 Financial Outlook
(assumes an average foreign exchange rate of US$1=C$1.38)

Telesat is maintaining its guidance provided in March and continues to expect full year 2026:

GEO revenue to be between $300 million and $320 million;
GEO Adjusted EBITDA1 to be between $210 million and $230 million, excluding non-recurring debt refinancing costs; and
Total spending on the Telesat Lightspeed program, including both expensed and capitalized costs, to be between $1.0 billion and $1.2 billion.

For earnings history and earnings-related data on Telesat Corporation (TSAT) click here.

You May Also Be Interested In

• Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
• UBS Reiterates Buy Rating on Plains All American (PAA)
• RBC initiates GE HealthCare as it sees AI-led innovation cycle driving growth