OverviewSuggest Edit

Loral Space & Communications is a satellite communications company, providing satellite-based communications services to broadcast, telecom, corporate and government customers. The Company also offers video distribution and direct-to-home (DTH) video, as well as end-to-end communications services using satellite and hybrid satellite-ground networks; and broadcast services, including DTH, video distribution and contribution and satellite transmission services for the broadcast of video news, sports and live event coverage.
TypePublic
Founded1996
HQNew York, NY, US
Websiteloral.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2018)407
Share Price (Jan 2021)$25.9 (-2%)
Cybersecurity ratingBMore

Key People/Management at Loral Space & Communications

Michael B. Targoff

Michael B. Targoff

Vice Chairman
Daniel S. Goldberg

Daniel S. Goldberg

President and Chief Executive Officer
Mark H. Rachesky

Mark H. Rachesky

Non-Executive Chairman
Arthur L. Simon

Arthur L. Simon

Director
Michele Beck

Michele Beck

Vice President of North American Sales
John Capogrossi

John Capogrossi

Vice President, Chief Financial Officer and Treasurer
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Loral Space & Communications Office Locations

Loral Space & Communications has offices in New York and Jersey City
New York, NY, US (HQ)
600 5th Ave
Jersey City, NJ, US
480 Washington Blvd
Show all (2)

Loral Space & Communications Financials and Metrics

Loral Space & Communications Revenue

USD

Net income (Q2, 2020)

73.6m

EBIT (Q2, 2020)

(1.8m)

Market capitalization (15-Jan-2021)

801.2m

Closing stock price (15-Jan-2021)

25.9

Cash (30-Sept-2020)

83.4m
Loral Space & Communications's current market capitalization is $801.2 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

General and administrative expense

6.7m7.9m6.5m

Operating expense total

6.7m7.9m6.5m

EBIT

(6.7m)(7.9m)(6.5m)(6.6m)

Interest expense

20.0k27.0k26.0k
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

General and administrative expense

1.5m1.7m1.7m2.1m1.9m2.0m1.6m1.8m1.7m1.8m1.7m

Operating expense total

1.5m1.7m1.7m2.1m1.9m2.0m1.6m1.8m1.7m1.8m1.7m

EBIT

(1.5m)(1.7m)(1.7m)(2.1m)(1.9m)(2.0m)(1.6m)(1.8m)(1.7m)(1.8m)(1.7m)(1.6m)(1.6m)(1.8m)

Interest expense

5.0k4.0k6.0k5.0k6.0k11.0k5.0k6.0k6.0k5.0k5.0k
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

37.5m255.1m256.9m259.1m

Current Assets

40.9m269.3m264.1m261.0m

Total Assets

264.2m374.7m330.3m390.8m

Current Liabilities

6.1m3.9m4.1m5.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

273.8m262.5m259.3m251.7m250.1m248.9m256.8m257.7m257.3m255.2m81.6m83.4m

Prepaid Expenses

2.1m

Current Assets

277.6m266.5m262.9m266.9m264.5m263.5m261.5m260.5m260.3m258.0m84.1m86.1m

Total Assets

387.2m376.4m389.0m363.3m363.7m406.0m362.4m393.8m385.9m299.6m186.4m230.0m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

47.2m134.5m9.6m89.8m

Cash From Operating Activities

(21.2m)(24.7m)1.8m2.1m

Purchases of PP&E

(6.0k)

Capital Expenditures

(5.0k)(50.0k)(4.0k)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

71.4m69.2m93.7m4.3m4.7m50.9m38.5m76.7m83.0m(121.3m)(47.8m)3.4m

Cash From Operating Activities

(6.4m)(17.7m)(20.6m)(3.4m)(5.0m)(6.2m)(138.0k)(998.0k)372.0k(3.9m)(7.3m)(5.6m)

Capital Expenditures

(39.0k)

Cash From Investing Activities

242.7m242.7m
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Loral Space & Communications Operating Metrics

Loral Space & Communications's Customers was reported to be 400 in FY, 2018. Loral Space & Communications's Backlog was reported to be $2.7b in Q2, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017FY, 2017FY, 2018Q2, 2019

Backlog

$3.90 b$3.60 b$3.70 b$3.40 b$3.50 b$3.60 b$3.50 b$3.40 b$3.20 b$3.10 b$3 b$2.70 b$2.70 b

Customers

400 400 400 400 400

Patents (US)

7 7 7 7 5

Patents Issued

7 7 9 11 18
Show all operating metrics

Loral Space & Communications Acquisitions / Subsidiaries

Company NameDateDeal Size
4440480 Canada Inc.
4440498 Canada Inc.
Loral Canadian Gateway Corporation
Loral Global Services N.V.
Loral Holdings Corporation
Loral Holdings LLC
Loral Satmex LLC
Loral Skynet Corporation
Mexico Satellite

Loral Space & Communications Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Loral Space & Communications Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Loral Space & Communications Online and Social Media Presence

Embed Graph

Loral Space & Communications News and Updates

Kaskela Law LLC Announces Investigation of Loral Space & Communications Inc. (LORL) and Encourages Investors to Contact the Firm

PHILADELPHIA, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Loral Space & Communications Inc. (“Loral”) (NASDAQ: LORL) on behalf of the company’s stockholders.

Loral Space & Communications Frequently Asked Questions

  • When was Loral Space & Communications founded?

    Loral Space & Communications was founded in 1996.

  • Who are Loral Space & Communications key executives?

    Loral Space & Communications's key executives are Michael B. Targoff, Daniel S. Goldberg and Mark H. Rachesky.

  • How many employees does Loral Space & Communications have?

    Loral Space & Communications has 407 employees.

  • Who are Loral Space & Communications competitors?

    Competitors of Loral Space & Communications include DataPath, Telesat and Elron.

  • Where is Loral Space & Communications headquarters?

    Loral Space & Communications headquarters is located at 600 5th Ave, New York.

  • Where are Loral Space & Communications offices?

    Loral Space & Communications has offices in New York and Jersey City.

  • How many offices does Loral Space & Communications have?

    Loral Space & Communications has 2 offices.