The latest update is out from Telesat Corp ( (TSE:TSAT) ).
Telesat Corporation has announced its upcoming annual general meeting of shareholders, scheduled for June 17, 2025, to be held virtually. The meeting will address key agenda items including the reception of audited financial statements for the fiscal year ending December 31, 2024, election of board members, and re-appointment of auditors. This virtual meeting format allows shareholders to participate and vote online, reflecting Telesat’s commitment to accessibility and engagement with its stakeholders.
Spark’s Take on TSE:TSAT Stock
According to Spark, TipRanks’ AI Analyst, TSE:TSAT is a Neutral.
Telesat Corp’s overall score reflects substantial financial challenges, including declining revenue and negative profitability margins. Technical indicators suggest weak momentum, and valuation metrics are unfavorable. Despite some positive developments in strategic partnerships and debt management, these are outweighed by anticipated revenue declines and significant net losses, leading to a cautious outlook.
To see Spark’s full report on TSE:TSAT stock, click here.
More about Telesat Corp
Telesat Corporation is a leading satellite operator providing reliable and secure satellite-delivered communications solutions worldwide. The company focuses on delivering services to broadcast, telecom, corporate, and government customers.
Average Trading Volume: 9,309
Technical Sentiment Signal: Buy
Current Market Cap: C$306.2M
Learn more about TSAT stock on TipRanks’ Stock Analysis page.