Intelsat S. A. (I) Ratings Placed on CreditWatch Negative by S&P
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Intelsat Announces Preliminary Fourth Quarter and Full Year 2015 Results
February 22, 2016 7:30 AM ESTPreliminary fourth quarter revenue of $571.3 million; preliminary full year 2015 revenue of $2,352.5 million Expects to incur a non-cash impairment charge resulting in a substantial reduction of our $6.8 billion goodwill and other intangible assets Preliminary fourth quarter net income attributable to Intelsat S.A. of $49.1 million, prior to the effect of any impairments; preliminary full year 2015 net income attributable to Intelsat S.A. of $242.0 million, prior to the effect of any impairments $9.4 billion contracted backlog provides visibility for future revenue and cash flow... More
