OTTAWA, Ontario (AP) - OTTAWA, Ontario (AP) - Telesat Corporation (TSAT) on Thursday reported a loss of $90.3 million in its fourth quarter. The Ottawa, Ontario -based company said it had a loss of $6.41 per share. Losses, adjusted for non-recurring costs, came to $5.90 per share. The satellite communications company posted revenue of $91.5 million in the period. For the year, the company reported a loss of $64 million , or $4.59 per share. Revenue was reported as $416.8 million . _____ This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSAT at https://www.zacks.com/ap/TSAT For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News OTTAWA, Ontario (AP) - OTTAWA, Ontario (AP) - Telesat Corporation (TSAT) on Thursday reported a loss of $90.3 million in its fourth quarter. The Ottawa, Ontario -based company said it had a loss of $6.41 per share. Losses, adjusted for non-recurring costs, came to $5.90 per share. The satellite communications company posted revenue of $91.5 million in the period. For the year, the company reported a loss of $64 million , or $4.59 per share. Revenue was reported as $416.8 million . _____ This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSAT at https://www.zacks.com/ap/TSAT For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News
Telesat is a Canada-based telecommunication firm that offers services such as satellite communications and networking for the residential and commercial sectors.