Telecommunications company Telesat arranges a earnings discussion conference call for the second quarter of 2025 on August 6, 2025.
Telesat, one of the largest and most successful global satellite operators, has released its financial results for the three and six month periods ended June 30, 2025. The company reported a revenue decline and a net loss in Q2 2025.
Key Financial Highlights
- Revenue: The Q2 2025 revenue was approximately $81.19 million, representing a 27.76% decrease year-over-year.
- Net Income (Loss): The net loss for the quarter was $35.79 million, reflecting a worsening from the previous year by about 7.42%.
These figures are the most recent available detailed financial results for the periods ending June 30, 2025.
Concerns About Financial Health
The revenue decline and losses have raised concerns about Telesat's financial health. However, a recent strategic partnership with Vocus to expand Telesat's Low Earth Orbit (LEO) satellite capabilities could potentially improve future operational prospects.
Upcoming Earnings Call
To discuss these results, Telesat has scheduled a conference call on August 6, 2025, at 10:00 a.m. EDT. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer of Telesat.
The toll-free dial-in number for the teleconference is +1-800-715-9871. Callers outside of North America should dial +1-646-307-1963. The access code for the teleconference is 3355041.
A news release containing Telesat's financial results will be posted on its website (www.telesat.com/) under the tab "Investors" and the heading "Investor News" prior to the conference call.
Accessing the Replay
A replay of the teleconference will be available from one hour after the end of the call on August 6, 2025, until 11:59 p.m. EDT on August 20, 2025. To access the replay, please call +1-800-770-2030 or +1-609-800-9909. The access code for the replay is 3355041.
About Telesat
Telesat, listed on Nasdaq and TSX (stock ticker: TSAT), specializes in delivering critical connectivity solutions that solve complex communications challenges. The company collaborates with customers from various sectors, including telecom, government, maritime, and aeronautical.
Telesat Lightspeed, a state-of-the-art Low Earth Orbit (LEO) satellite network optimized for these sectors, is designed to meet the connectivity demands of the future. Telesat Lightspeed aims to redefine global satellite connectivity with ubiquitous, affordable, high-capacity, secure, and resilient links offering fibre-like speeds.
For updates on Telesat, follow them on LinkedIn, [X], or visit their website at www.telesat.com. The conference call can also be accessed at https://edge.media-server.com/mmc/p/yhvahjij.
[1] Telesat Lightspeed: https://www.telesat.com/telesat-lightspeed/ [2] Telesat Reports Q2 2025 Financial Results: https://www.telesat.com/investors/financial-results/ [3] Telesat Partners with Vocus to Expand LEO Satellite Capabilities: https://www.telesat.com/news/telesat-partners-with-vocus-to-expand-leo-satellite-capabilities/
- The government and media in Canada are closely monitoring Telesat's financial situation, as the company reported a revenue decline and a net loss in Q2 2025.
- Investors will be looking for insights into Telesat's financial health when they host an earnings call on August 6, 2025, discussing their Q2 2025 financial results.
- With the recent strategic partnership with Vocus, there's hope that Telesat's business operations may improve in the future due to expanded Low Earth Orbit (LEO) satellite capabilities.
- Telesat, a leading global satellite operator based in Toronto, Canada, has been investing significant resources in developing Telesat Lightspeed, a cutting-edge LEO satellite network that aims to revolutionize satellite connectivity for various sectors.