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Telesat

09:44 AM EST - Telesat : Today announced its financial results for the one-year periods ended December 31, 2023. All amounts are in Canadian dollars. Telesat reported consolidated revenue of $704 million, a decrease of 7% ($55 million) compared to the same period in 2022. Telesat’s net income was $583 million compared to a net loss of $82 million for the prior year. Telesat shares T.TSAT are trading unchanged at $12.24.