SpaceBetaKitabout 2 hours ago
Telesat Q2 net loss sinks stock
2 min read
Telesat reported $79 million in Q2 revenue, down 25 percent, and a $559 million net loss versus a $76 million gain last year. The stock fell nearly 14 percent but remains up over 80 percent year-to-date. Non-cash losses included Lightspeed warrant value increases.
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