Telesat Corp Reiterated FY23 Revenue Of $511.11M-$525.93M Vs $566.71M Est
Author: Benzinga Newsdesk | August 11, 2023 06:17am
2023 Preliminary Financial Outlook
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Telesat continues to expect its full year 2023 revenues (assuming a foreign exchange rate of US$1 = C$1.35) to be between $690 million and $710 million. |
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Telesat continues to expect its Adjusted EBITDA1 (assuming a foreign exchange rate of US$1 =C$1.35) to be between $500 million and $515 million in 2023. |
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For 2023, as a result of the Telesat Lightspeed contract announcement, Telesat now expects its cash flows used in investing activities to be in the range of $175 million to $225 million. |
Posted In: TSAT
