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Intelsat reports wider loss in Q1 affected by pandemic

Thursday 4 June 2020 | 14:39 CET | News
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Intelsat said revenues for the first quarter fell 13 percent from the year before to USD 458.8 million, with declines across the board. The net loss meanwhile widened to USD 218.8 million from a loss of 120.6 million while the adjusted EBITDA slid to USD 294 million from 380.3 million. The operating cash flow amounted to USD 14.3 million, with the free cash flow at USD 18.1 million.

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Categories: Internet / Broadcast & Satellite
Companies: FCC / Intelsat
Countries: World
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