[June 06, 2013] Intelsat reports lower Q1 net loss, provides outlook for 2013 Tweet Jun 06, 2013 (Datamonitor via COMTEX) -- Intelsat SA, a provider of satellite services, has reported that net loss attributable to the company for the first quarter ended March 31, 2013 was $7.8 million, or $0.09 loss per share, compared to a net loss attributable to the company of $25.25 million, or $0.30 loss per share, for the same quarter ended March 31, 2012. The company expects revenue to be in the range of $2.61 billion to $2.64 billion for the full-year of 2013. Revenue for the first quarter ended March 31, 2013 was $655.13 million, compared to $644.17 million for the same quarter ended March 31, 2012. Income from operations for the first quarter ended March 31, 2013 was $310.05 million, compared to $291.27 million for the same quarter ended March 31, 2012. Total assets as of March 31, 2013 were $17.11 billion, compared to $17.26 billion, as of December 31, 2012. Dave McGlade, CEO of Intelsat, said: "Intelsat provides critical communications infrastructure on a global basis for customers in the media, network services, and government sectors. By offering solutions for global media distribution, broadband infrastructure for fixed and mobile applications, and innovative, end-to-end government services, Intelsat is positioned to benefit from the rapidly expanding global consumption of content and data. "Total revenue grew 2% in the first quarter of 2013, as compared to the year earlier quarter. On-network revenue grew 4% in the period, reflecting solid demand for transponder services and the benefit of refreshed video neighborhood capacity and mobility capacity provided by our 2012 launch campaign." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]