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Telesat Says Remain On Track To Meet Its 2024 Guidance

Author: Benzinga Newsdesk | May 10, 2024 07:13am

For 2024, Telesat continues to expect full year:

  • revenues to be between C$545 million and C$565 million;
  • Adjusted EBITDA to be between C$340 million and C$360 million, which reflects Telesat Lightspeed operating expenses of between C$80 million and C$90 million; and   
  • cash flows used in investing activities to be in the range of C$1,000 million to C$1,400 million, which is nearly all related to expected Telesat Lightspeed capital expenditures.

Posted In: TSAT


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