U.S. Markets close in 4 hrs 54 mins

Intelsat: 1Q Earnings Snapshot

LUXEMBOURG (AP) _ Intelsat SA (I) on Tuesday reported a loss of $120.6 million in its first quarter.

The Luxembourg-based company said it had a loss of 87 cents per share.

The communications and satellite company posted revenue of $528.4 million in the period.

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

Intelsat shares have declined nearly 5% since the beginning of the year. The stock has increased 97% 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