Intelsat Announces Third Quarter 2018 Results
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Intelsat S. A. (I) Tops Q3 EPS by 8c, Slight Miss on Revenues; Offers FY18 Revenue Outlook Below Consensus
October 30, 2018 6:40 AM EDTIntelsat S. A. (NYSE: I) reported Q3 EPS of ($0.26), $0.08 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $538.76 million versus the consensus estimate of $539 million.
Third quarter revenue of $536.9 million; $511.9 million excluding effects of revenue recognition rules (ASC 606)Third quarter net loss attributable to Intelsat S.A. of $374.6 million after $204.1 million primarily non-cash loss on early retirement of debt and $107.9 million primarily non-cash provision for income taxesThird quarter Adjusted EBITDA of $416.3 million or 78 percent of revenue; $390.0 million or 76 percent of revenue excluding effects of ASC... More