Telesat Corporation’s Q4 2024 Earnings Conference Call: Key Insights
On March 27, 2025, at 10:00 AM ET, Telesat Corporation (NASDAQ:TSAT) held its Q4 2024 earnings conference call. The call was hosted by James Ratcliffe, Vice President of Investor Relations, Dan Goldberg, President & CEO, and Andrew Browne, CFO. Participating analysts included Edison Yu from Deutsche Bank, David McFadden from Cormark Securities, Chris Quilty from Quilty Space, Walt Piecyk from LightShed, and Caleb Henry from Quilty Space.
Financial Performance
Telesat reported revenue of $852 million for Q4 2024, a 12% increase year-over-year. Adjusted EBITDA came in at $302 million, representing a 15% year-over-year growth. The company’s net loss for the quarter was $28 million, an improvement from the $52 million net loss in the same period last year. The improvement in financial performance was attributed to the successful execution of the company’s cost reduction initiatives and the addition of new customers.
New Business Developments
During the call, the Telesat executives highlighted several new business developments. They announced the launch of their new LEO satellite constellation, which is expected to provide global coverage and high-speed internet access. The company also signed a multi-year agreement with a major telecommunications provider to provide satellite capacity for their 5G network expansion. Furthermore, Telesat announced that they have secured a contract with a leading satellite operator to provide capacity for their broadband services in Europe.
Impact on Individual Investors
The positive financial performance and new business developments reported by Telesat during the Q4 2024 earnings call are likely to be viewed favorably by investors. This could lead to an increase in the company’s stock price. However, it is essential to note that investing in individual stocks always comes with risks, and it is important to conduct thorough research before making any investment decisions.
Impact on the World
The successful execution of Telesat’s cost reduction initiatives and the launch of their new LEO satellite constellation have the potential to revolutionize the satellite industry and bring high-speed internet access to underserved areas around the world. This could significantly improve the quality of life for people in remote and rural areas, particularly in developing countries. Additionally, the partnerships Telesat has secured with major telecommunications providers to provide satellite capacity for their 5G network expansions could accelerate the rollout of 5G networks globally.
Conclusion
Telesat Corporation’s Q4 2024 earnings call provided investors with positive financial performance and new business developments that could potentially drive growth for the company. The successful execution of cost reduction initiatives and the launch of a new LEO satellite constellation have the potential to revolutionize the satellite industry and bring high-speed internet access to underserved areas around the world. As an individual investor, it is essential to conduct thorough research before making any investment decisions, but the positive developments reported by Telesat could be viewed as a promising sign for the future of the company.
- Telesat reported revenue of $852 million for Q4 2024, a 12% increase year-over-year.
- Adjusted EBITDA came in at $302 million, representing a 15% year-over-year growth.
- The company’s net loss for the quarter was $28 million, an improvement from the $52 million net loss in the same period last year.
- Telesat announced the launch of their new LEO satellite constellation and several new business developments.
- The positive financial performance and new business developments reported by Telesat could lead to an increase in the company’s stock price.
- The successful execution of Telesat’s cost reduction initiatives and the launch of their new LEO satellite constellation have the potential to revolutionize the satellite industry and bring high-speed internet access to underserved areas around the world.
