<p>Telesat Corporation（(TSE:TSAT)）已举行其第三季度财报电话会议。请继续阅读会议的主要亮点。</p>
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<p>Telesat Corporation 最近的财报电话会议描绘了混合表现的图景，突显了显著的进展和财务挑战。尽管公司在其低地球轨道（LEO）业务和资本结构优化方面取得了显著进展，但这些进展被收入下降、运营费用增加和巨额净亏损所抵消，导致公司前景平衡。</p>
<h2>LEO 业务的进展</h2>
<p>Telesat 在其低地球轨道（LEO）业务方面取得了可喜的进展，包括卫星、地面基础设施和软件的发展。公司计划在明年年底前发射其首颗 LEO 卫星，这标志着其战略增长计划中的一个重要里程碑。</p>
<h2>资本结构优化</h2>
<p>为了优化其资本结构，Telesat 将 62% 的 Telesat Lightspeed 股权分配给一家全资子公司。此举旨在增强公司的融资选择，为未来的财务灵活性做好准备。</p>
<h2>成功的债务减少</h2>
<p>Telesat 报告称成功减少了债务，利息支出较去年减少了 500 万美元。公司已回购累计本金金额为 8.57 亿美元的债务，预计每年节省利息约 5300 万美元。</p>
<h2>用户终端投资组合的合作与投资</h2>
<p>公司宣布与 Farcast 达成合作并进行投资，以增强其 Lightspeed 星座的用户终端组合。这一合作预计将提升 Telesat 的服务产品和市场竞争地位。</p>
<h2>收入下降</h2>
<p>Telesat 的收入下降了 3700 万美元，总收入为 1.01 亿美元。这一下降主要是由于与北美直接面向家庭客户的长期协议的续约率降低以及另一项协议的到期。</p>
<h2>运营费用增加</h2>
<p>运营费用增加了 1200 万美元，达到 5800 万美元，主要是由于 Telesat Lightspeed 员工人数的增长以及法律和专业费用的增加。这些增加的成本反映了公司在其战略举措上的持续投资。</p>
<h2>净亏损</h2>
<p>公司报告本季度净亏损为 1.21 亿美元，与去年同期的净收入 6800 万美元形成鲜明对比。这一亏损凸显了 Telesat 当前面临的财务挑战。</p>
<h2>印尼市场的挑战</h2>
<p>Telesat 在印尼市场面临挑战，某些企业客户的服务减少，特别是在农村宽带项目中，导致收入下降。</p>
<h2>前瞻性指导</h2>
<p>Telesat 重申了年度指导，预计全年收入在 4.05 亿至 4.25 亿美元之间，调整后的 EBITDA 在 1.7 亿至 1.9 亿美元之间。资本支出预计在 9 亿至 11 亿美元之间，主要用于 Telesat Lightspeed 的发展。公司仍然遵守所有信贷契约，并已完成与加拿大和魁北克政府的融资设施的第三次提款。</p>
<p>总之，Telesat Corporation 的财报电话会议突显了一系列成就与挑战。尽管公司在其 LEO 业务和资本结构优化方面取得了显著进展，但收入下降和运营费用增加等财务障碍呈现出平衡的前景。投资者和利益相关者将密切关注 Telesat 在未来几个季度如何应对这些动态。</p>

TSAT

<p>Telesat Corporation 第三季度的财报电话会议显示出混合的结果，展示了其低地球轨道（LEO）业务的进展，同时也面临财务挑战。主要亮点包括收入下降 3700 万美元至 1.01 亿美元，运营费用增加 1200 万美元，净亏损达到 1.21 亿美元。尽管面临这些挫折，Telesat 正在优化其资本结构并减少债务，计划在明年年底前发射其首颗 LEO 卫星。公司维持全年收入指导为 4.05 亿至 4.25 亿美元，调整后的息税折旧摊销前利润（EBITDA）为 1.7 亿至 1.9 亿美元，同时资本支出预计在 9 亿至 11 亿美元之间</p>

<p>Telesat Corporation ((TSE:TSAT)) has held its Q3 earnings call. Read on for the main highlights of the call.</p>
<div class="lb-trans"><p>Telesat Corporation（(TSE:TSAT)）已举行其第三季度财报电话会议。请继续阅读会议的主要亮点。</p>
</div><h3>Meet Your ETF AI Analyst</h3>
<div class="lb-trans"><h3>认识您的 ETF AI 分析师</h3>
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<div class="lb-trans"><ul>
<li>了解 TipRanks 的_ETF_ AI 分析师如何帮助您做出更明智的投资决策</li>
<li>探索 TipRanks 用户喜爱的 ETF，并查看 <strong><em>ETF</em> AI 分析师</strong> 对您关注的 ETF 所揭示的见解。</li>
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</div><p>The recent earnings call for Telesat Corporation painted a picture of mixed performance, highlighting both significant advancements and financial challenges. While the company made notable strides in its LEO segment and capital structure optimization, these were tempered by decreased revenues, increased operating expenses, and a substantial net loss, resulting in a balanced outlook for the firm.</p>
<div class="lb-trans"><p>Telesat Corporation 最近的财报电话会议描绘了混合表现的图景，突显了显著的进展和财务挑战。尽管公司在其低地球轨道（LEO）业务和资本结构优化方面取得了显著进展，但这些进展被收入下降、运营费用增加和巨额净亏损所抵消，导致公司前景平衡。</p>
</div><h2>Progress in LEO Segment</h2>
<div class="lb-trans"><h2>LEO 业务的进展</h2>
</div><p>Telesat is making commendable progress in its Low Earth Orbit (LEO) segment, with developments in satellites, ground infrastructure, and software. The company plans to launch its first LEO satellite by late next year, marking a significant milestone in its strategic growth plan.</p>
<div class="lb-trans"><p>Telesat 在其低地球轨道（LEO）业务方面取得了可喜的进展，包括卫星、地面基础设施和软件的发展。公司计划在明年年底前发射其首颗 LEO 卫星，这标志着其战略增长计划中的一个重要里程碑。</p>
</div><h2>Capital Structure Optimization</h2>
<div class="lb-trans"><h2>资本结构优化</h2>
</div><p>In a strategic move to optimize its capital structure, Telesat distributed 62% of the equity in Telesat Lightspeed to a wholly-owned subsidiary. This decision aims to enhance the company’s financing options, positioning it for future financial flexibility.</p>
<div class="lb-trans"><p>为了优化其资本结构，Telesat 将 62% 的 Telesat Lightspeed 股权分配给一家全资子公司。此举旨在增强公司的融资选择，为未来的财务灵活性做好准备。</p>
</div><h2>Successful Debt Reduction</h2>
<div class="lb-trans"><h2>成功的债务减少</h2>
</div><p>Telesat reported a successful reduction in its debt, with interest expenses decreasing by $5 million compared to the previous year. The company has repurchased a cumulative principal amount of $857 million in debt, resulting in annual interest savings of approximately $53 million.</p>
<div class="lb-trans"><p>Telesat 报告称成功减少了债务，利息支出较去年减少了 500 万美元。公司已回购累计本金金额为 8.57 亿美元的债务，预计每年节省利息约 5300 万美元。</p>
</div><h2>Partnership and Investment in User Terminal Portfolio</h2>
<div class="lb-trans"><h2>用户终端投资组合的合作与投资</h2>
</div><p>The company announced a partnership and investment in Farcast to bolster its user terminal portfolio for the Lightspeed constellation. This collaboration is expected to enhance Telesat’s service offerings and competitive position in the market.</p>
<div class="lb-trans"><p>公司宣布与 Farcast 达成合作并进行投资，以增强其 Lightspeed 星座的用户终端组合。这一合作预计将提升 Telesat 的服务产品和市场竞争地位。</p>
</div><h2>Revenue Decline</h2>
<div class="lb-trans"><h2>收入下降</h2>
</div><p>Telesat experienced a revenue decline of $37 million, bringing total revenues to $101 million. This decrease was primarily due to a lower renewal rate on a long-term agreement with a North American direct-to-home customer and the expiration of another agreement.</p>
<div class="lb-trans"><p>Telesat 的收入下降了 3700 万美元，总收入为 1.01 亿美元。这一下降主要是由于与北美直接面向家庭客户的长期协议的续约率降低以及另一项协议的到期。</p>
</div><h2>Increased Operating Expenses</h2>
<div class="lb-trans"><h2>运营费用增加</h2>
</div><p>Operating expenses rose by $12 million to $58 million, driven by the growth in Telesat Lightspeed’s headcount and higher legal and professional fees. These increased costs reflect the company’s ongoing investments in its strategic initiatives.</p>
<div class="lb-trans"><p>运营费用增加了 1200 万美元，达到 5800 万美元，主要是由于 Telesat Lightspeed 员工人数的增长以及法律和专业费用的增加。这些增加的成本反映了公司在其战略举措上的持续投资。</p>
</div><h2>Net Loss</h2>
<div class="lb-trans"><h2>净亏损</h2>
</div><p>The company reported a net loss of $121 million for the quarter, a stark contrast to the net income of $68 million in the same period last year. This loss underscores the financial challenges Telesat is currently facing.</p>
<div class="lb-trans"><p>公司报告本季度净亏损为 1.21 亿美元，与去年同期的净收入 6800 万美元形成鲜明对比。这一亏损凸显了 Telesat 当前面临的财务挑战。</p>
</div><h2>Challenges in Indonesian Market</h2>
<div class="lb-trans"><h2>印尼市场的挑战</h2>
</div><p>Telesat faced challenges in the Indonesian market, with reductions in services for certain enterprise customers, particularly in the rural broadband program, contributing to the revenue decline.</p>
<div class="lb-trans"><p>Telesat 在印尼市场面临挑战，某些企业客户的服务减少，特别是在农村宽带项目中，导致收入下降。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指导</h2>
</div><p>Telesat reaffirmed its guidance for the year, projecting full-year revenues between $405 million and $425 million, with adjusted EBITDA ranging from $170 million to $190 million. Capital expenditures are expected to be between $900 million and $1.1 billion, primarily for the development of Telesat Lightspeed. The company remains in compliance with all credit covenants and has completed its third draw on financing facilities with the Canadian and Quebec governments.</p>
<div class="lb-trans"><p>Telesat 重申了年度指导，预计全年收入在 4.05 亿至 4.25 亿美元之间，调整后的 EBITDA 在 1.7 亿至 1.9 亿美元之间。资本支出预计在 9 亿至 11 亿美元之间，主要用于 Telesat Lightspeed 的发展。公司仍然遵守所有信贷契约，并已完成与加拿大和魁北克政府的融资设施的第三次提款。</p>
</div><p>In conclusion, Telesat Corporation’s earnings call highlighted a mixed bag of achievements and challenges. While the company is making significant progress in its LEO segment and optimizing its capital structure, financial hurdles such as decreased revenues and increased operating expenses present a balanced outlook. Investors and stakeholders will be keenly watching how Telesat navigates these dynamics in the coming quarters.</p>
<div class="lb-trans"><p>总之，Telesat Corporation 的财报电话会议突显了一系列成就与挑战。尽管公司在其 LEO 业务和资本结构优化方面取得了显著进展，但收入下降和运营费用增加等财务障碍呈现出平衡的前景。投资者和利益相关者将密切关注 Telesat 在未来几个季度如何应对这些动态。</p>
</div>

Telesat 的财报电话会议：业绩表现喜忧参半，LEO 项目取得进展