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Intelsat: 3Q Earnings Snapshot

LUXEMBOURG (AP) _ Intelsat SA (I) on Tuesday reported a loss of $374.6 million in its third quarter.

On a per-share basis, the Luxembourg-based company said it had a loss of $2.74. Losses, adjusted to extinguish debt and for pretax expenses, were 46 cents per share.

The communications and satellite company posted revenue of $536.9 million in the period.

Intelsat expects full-year revenue in the range of $2.06 billion to $2.11 billion.

Intelsat shares have risen sevenfold since the beginning of the year. The stock has risen fivefold 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