Telesat Reports Preliminary Revenue Q3 of $235M

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Go back to Telesat Reports Preliminary Revenue Q3 of $235M

Telesat Reports Preliminary Results for the Quarter Ended September 30, 2016 and Provides Preliminary Guidance for 2016 and 2017

October 26, 2016 5:28 PM EDT

OTTAWA, Oct. 26, 2016 (GLOBE NEWSWIRE) -- Telesat Holdings Inc. (Telesat) today announced its preliminary consolidated financial results for the three and nine month periods ended September 30, 2016. All amounts are in Canadian dollars and are reported under International Financial Reporting Standards (IFRS) unless otherwise noted.

Telesats preliminary results and financial guidance are being released in connection with potential debt refinancing transactions. Telesat does not intend to provide financial guidance on an ongoing basis. 

Although Telesat has not yet finalized the accounting of its results for the three and nine month periods ended September 30, 2016, Telesat... More