OverviewSuggest Edit

Loral Space & Communications is a satellite communications company. It operates through two affiliates: Telesat and XTAR. Telesat is global satellite operator providing satellite-delivered communications solutions to broadcast, telecom, corporate, and government customers, while XTAR offers X-band services to government users.

TypePublic
Founded1996
HQNew York, NY, US
Websiteloral.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2020)429(+16%)
Share Price (Sept 2021)$39.4(+3%)
Cybersecurity ratingAMore

Key People/Management at Loral Space & Communications

Avi Katz

Avi Katz

President, General Counsel and Secretary
John Capogrossi

John Capogrossi

Vice President, Chief Financial Officer and Treasurer
Michele Beck

Michele Beck

Senior Vice President, Canadian Sales
Ravinder S. Girgla

Ravinder S. Girgla

Vice President and Controller
Mark H. Rachesky

Mark H. Rachesky

Non-Executive Chairman
Michael B. Targoff

Michael B. Targoff

Vice Chairman
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Loral Space & Communications Office Locations

Loral Space & Communications has an office in New York
New York, NY, US (HQ)
600 5th Ave
Show all (1)

Loral Space & Communications Financials and Metrics

Loral Space & Communications Revenue

USD

Net income (Q1, 2021)

30.7m

EBIT (Q1, 2021)

(1.7m)

Market capitalization (15-Sept-2021)

1.2b

Closing stock price (15-Sept-2021)

39.4

Cash (31-Mar-2021)

25.5m
Loral Space & Communications's current market capitalization is $1.2 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

General and administrative expense

6.7m7.9m6.5m

Operating expense total

6.7m7.9m6.5m

EBIT

(6.7m)(7.9m)(6.5m)(6.6m)(863.0k)

Interest expense

20.0k27.0k26.0k
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

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)(1.7m)

Interest expense

5.0k4.0k6.0k5.0k6.0k11.0k5.0k6.0k6.0k5.0k5.0k
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

37.5m255.1m256.9m259.1m31.6m

Current Assets

40.9m269.3m264.1m261.0m34.1m

Total Assets

264.2m374.7m330.3m390.8m254.5m

Current Liabilities

6.1m3.9m4.1m5.5m4.8m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

273.8m262.5m259.3m251.7m250.1m248.9m256.8m257.7m257.3m255.2m81.6m83.4m25.5m

Prepaid Expenses

2.1m

Current Assets

277.6m266.5m262.9m266.9m264.5m263.5m261.5m260.5m260.3m258.0m84.1m86.1m28.5m

Total Assets

387.2m376.4m389.0m363.3m363.7m406.0m362.4m393.8m385.9m299.6m186.4m230.0m281.9m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

47.2m134.5m9.6m89.8m93.1m

Cash From Operating Activities

(21.2m)(24.7m)1.8m2.1m(10.9m)

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, 2020Q1, 2021

Net Income

71.4m69.2m93.7m4.3m4.7m50.9m38.5m76.7m83.0m(121.3m)(47.8m)3.4m30.7m

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)(6.2m)

Capital Expenditures

(39.0k)

Cash From Investing Activities

242.7m242.7m
Show all financial metrics

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

$3.9 b$3.6 b$3.7 b$3.4 b$3.5 b$3.6 b$3.5 b$3.4 b$3.2 b$3.1 b$3 b$2.7 b$2.7 b

Customers

400400400400400

Patents (US)

77775

Patents Issued

7791118
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

A

97/100

SecurityScorecard 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 Avi Katz, John Capogrossi and Michele Beck.

  • How many employees does Loral Space & Communications have?

    Loral Space & Communications has 429 employees.

  • Who are Loral Space & Communications competitors?

    Competitors of Loral Space & Communications include Kymeta, Iridium Communications and Globecomm Systems.

  • 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 an office in New York.

  • How many offices does Loral Space & Communications have?

    Loral Space & Communications has 1 office.