Intelsat sees $32.57 million April net loss, $134.65 million revenue

By Sarah Lizee

Olympia, Wash., June 15 – Intelsat SA reported a $32.57 million net loss on $134.65 million of revenue for the April period, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Eastern District of Virginia.

The company listed $584.05 million of cash and cash equivalents as of April 30.

Intelsat is a Luxembourg-based satellite telecommunications company. The company filed bankruptcy on May 14, 2020 under Chapter 11 case number 20-32299.

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