Earnings ·
Reports Q3 net loss of $157M as revenue falls to $80.6M
TSATTelesat Corp
Telesat reported a net loss attributable to shareholders of $47 million, or $3.09 per share, for the third quarter ended September 30, 2026, compared to a loss of $35 million in the prior-year period. Revenue declined 20% year-over-year to $80.6 million from $101.1 million. For the nine-month period, the company posted a net loss of $258 million against revenue of $247 million. The filing includes quarterly financial statements and executive certifications under National Instrument 52-109. Telesat operates in the global satellite communications industry, providing broadband and connectivity services via low Earth orbit and geostationary satellites.