Telesat

TSAT

Market cap $520M

Telesat (TSAT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

OTTAWA, Ontario, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced that it has completed the distribution of 62% of the equity of its Telesat Lightspeed business to an indirect subsidiary of Telesat Corporation. The indirect subsidiary is wholly-owned by Telesat Canada's parent entities and is a non-guarantor under Telesat Canada's debt documents. There are no changes to the Company's operations as a result of this transaction.

OTTAWA, Ontario, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced the appointment of Donald Tremblay as its new Chief Financial Officer (CFO), effective October 20, 2025. A highly experienced CFO, Mr. Tremblay brings over 35 years of financial expertise and leadership, including at publicly listed companies in high-growth, capital intensive industries. He has deep experience in equity and debt capital market transactions, mergers and acquisitions, compliance, and risk management. Mr. Tremblay will be succeeding Andrew Browne, who announced in March of this year that he would be retiring after serving as Telesat's CFO since 2019.

Telesat Corporation (NASDAQ:TSAT ) Q2 2025 Earnings Conference Call August 6, 2025 10:00 AM ET Company Participants Andrew Martin Browne - Chief Financial Officer Daniel S. Goldberg - President, CEO & Director James Ratcliffe - Corporate Participant Conference Call Participants Caleb Henry - Quilty Space Inc., Research Division David John McFadgen - Cormark Securities Inc., Research Division Walter Paul Piecyk - LightShed Partners, LLC Xin Yu - Deutsche Bank AG, Research Division Operator Thank you for standing by.

Telesat (TSAT) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of a loss of $0.69 per share. This compares to a loss of $2.87 per share a year ago.

OTTAWA, Ontario, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three and six-month periods ended June 30, 2025. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted.

Telesat's stock surged on government funding and LEO contract headlines, but I remain skeptical due to major execution risks. Lightspeed backlog is meaningless until launches begin in late 2026, yet Telesat must front massive capex while leaning on rival SpaceX for rides. The satellite-comms market may grow ~10% a year, but Starlink, Viasat, and Amazon Kuiper are expanding far faster, making it tough for Telesat to steal share.

Does Telesat (TSAT) have what it takes to be a top stock pick for momentum investors? Let's find out.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Telesat (TSAT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

OTTAWA, Ontario, June 19, 2025 (GLOBE NEWSWIRE) -- Telesat Corporation (Nasdaq and TSX: TSAT) (“Telesat” or the “Company”), one of the world's largest and most innovative satellite operators, today announced the voting results from its annual general meeting of shareholders held on June 17th virtually via live audio webcast.