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, US
Websiteloral.com
Employee Ratings3.7

Locations

Loral Space & Communications is headquartered in
New York, United States

Location Map

Latest Updates

Employees (est.) (Dec 2018)407
Share Price (Dec 2019)$31.2

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
Ravinder S. Girgla

Ravinder S. Girgla

Vice President and Controller
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Loral Space & Communications Office Locations

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

Loral Space & Communications Financials and Metrics

Loral Space & Communications Revenue

USD

Net income (Q3, 2019)

6.2m

EBIT (Q3, 2019)

(1.6m)

Market capitalization (12-Dec-2019)

965.7m

Closing stock price (12-Dec-2019)

31.2

Cash (30-Sept-2019)

257.3m
Loral Space & Communications's current market capitalization is $965.7 m.
Annual
USDFY, 2016FY, 2017FY, 2018

General and administrative expense

6.7m7.9m6.5m

Operating expense total

6.7m7.9m6.5m

EBIT

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

Interest expense

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

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)

Interest expense

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

Cash

37.5m255.1m256.9m

Current Assets

40.9m269.3m264.1m

Total Assets

264.2m374.7m330.3m

Current Liabilities

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

Cash

273.8m262.5m259.3m251.7m250.1m248.9m256.8m257.7m257.3m

Prepaid Expenses

2.1m

Current Assets

277.6m266.5m262.9m266.9m264.5m263.5m261.5m260.5m260.3m

Total Assets

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

Net Income

47.2m134.5m9.6m

Cash From Operating Activities

(21.2m)(24.7m)1.8m

Cash From Investing Activities

(5.0k)242.7m(4.0k)

Cash From Financing Activities

(141.0k)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

71.4m69.2m93.7m4.3m4.7m50.9m38.5m76.7m83.0m

Cash From Operating Activities

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

Cash From Investing Activities

242.7m242.7m

Net Change in Cash

236.3m225.0m222.1m(3.4m)(5.0m)(6.2m)(138.0k)739.0k372.0k
USDY, 2019

Financial Leverage

1.1 x
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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
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Loral Space & Communications Acquisitions / Subsidiaries

Acquired CompanyDateDeal 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 Online and Social Media Presence

Embed Graph

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 Ravinder S. Girgla.

  • 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 Intelsat, Kacific and Goonhilly Earth Station.

  • 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.