Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Eutelsat Communications ( (FR:ETL) ).
Eutelsat Communications reported its first-quarter 2025-26 revenues, highlighting a 70.7% increase in LEO revenues, which drove overall connectivity growth despite a 1.2% decline in operating verticals revenues. The company confirmed its financial objectives, with a €1.5 billion capital increase approved by shareholders, and maintained a stable backlog of €3.5 billion, indicating a strong market position and future revenue potential.
More about Eutelsat Communications
Eutelsat Communications is a prominent player in the satellite communications industry, providing a range of services including video broadcasting, government services, and connectivity solutions. The company focuses on both geostationary (GEO) and low Earth orbit (LEO) satellite technologies to deliver its services globally.
See more data about ETL stock on TipRanks’ Stock Analysis page.