Satellite communications provider Telesat today reported Q423 revenues of CAN$106.9 million ($78.7 million) down 38.6% from Q3 and down 48.3% from the previous year’s period. WHY IT MATTERS: FY23 revenues saw a 7% year-over-year decrease to $518.1 million compared with $558.7 million in FY22. The drop in revenues for Ottawa, Ontario-based Telesat (NASDAQ: TSAT / TSX:TSAT) […]
