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Intelsat: 4Q Earnings Snapshot

LUXEMBOURG (AP) _ Intelsat SA (I) on Wednesday reported a loss of $111.3 million in its fourth quarter.

On a per-share basis, the Luxembourg-based company said it had a loss of 81 cents. Losses, adjusted to extinguish debt, came to 91 cents per share.

The communications and satellite company posted revenue of $542.8 million in the period.

For the year, the company reported that its loss widened to $599.6 million, or $4.63 per share. Revenue was reported as $2.16 billion.

Intelsat expects full-year revenue in the range of $2.06 billion to $2.12 billion.

Intelsat shares have climbed 1 percent since the beginning of the year. The stock has risen sixfold 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