Telesat (TSX:TSAT) reported quarterly losses of $(8.48) per share which missed the analyst consensus estimate of $(1.12) by 657.14 percent. This is a 5.46 percent increase over losses of $(8.97) per share from the same period last year. The company reported quarterly sales of $94.041 million which beat the analyst consensus estimate of $82.430 million by 14.09 percent. This is a 26.53 percent decrease over sales of $127.995 million the same period last year.