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Intelsat: 2Q Earnings Snapshot

July 30, 2019

LUXEMBOURG (AP) _ Intelsat SA (I) on Tuesday reported a loss of $529.7 million in its second quarter.

On a per-share basis, the Luxembourg-based company said it had a loss of $3.76. Losses, adjusted for asset impairment costs, were $1.05 per share.

The communications and satellite company posted revenue of $509.4 million in the period.

Intelsat expects full-year revenue in the range of $2 billion to $2.06 billion.

Intelsat shares have risen slightly more than 2% since the beginning of the year. The stock has increased 8% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on I at https://www.zacks.com/ap/I

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