GEO Decline Deepens as Lightspeed Becomes Central to Growth Narrative.
- Revenue declined 23% to $128M, impacted by contract reductions across DTH, enterprise, and government. Management guided 2025 revenue to $405-425M, implying a further 27% decline at the mid-point, reflecting ongoing pressure on legacy GEO services.
Telesat (TSAT) 2024 Q4 Earnings Review & Financial Analysis
Apr 2, 2025
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