Telesat (NASDAQ:TSAT) reported quarterly losses of $(0.75) per share which missed the analyst consensus estimate of $(0.70) by 7.14 percent. This is a 6.25 percent increase over losses of $(0.80) per share from the same period last year. The company reported quarterly sales of $81.33 million which beat the analyst consensus estimate of $74.64 million by 8.96 percent. This is a 27.96 percent decrease over sales of $112.90 million the same period last year.