Intelsat S. A. (I) Tops Q1 EPS by 10c, Beats on Revenues; Affirms FY18 Revenue Outlook

Intelsat S. A. (NYSE: I) reported Q1 EPS of ($0.29), $0.10 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $543.8 million versus the consensus estimate of $520.47 million.

Financial Outlook 2018

Today, Intelsat reaffirmed its 2018 revenue, Adjusted EBITDA and capital expenditure guidance issued on February 26, 2018, in which the Company expects the following results, excluding the impact of ASC 606:

Revenue: Intelsat forecasts full-year 2018 revenue to be in a range of $2.060 billion to $2.110 billion.

GUIDANCE:

Intelsat S. A. sees FY2018 revenue of $2.06-2.11 billion, versus the consensus of $2.08 billion.

For earnings history and earnings-related data on Intelsat S. A. (I) click here.

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