Intelsat Q1 loss $219m

Intelsat might be in Chapter 11 bankruptcy restructuring, but trading continues.

The satellite operator’s revenues were $458.8 million for Q1 (to March 31st) down 13 per cent, and after interest payments and other obligations, that turned into a net loss of $218.8 million for the quarter.

Source: Intelsat Q1 loss $219m