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Technology / AI and automation

COMPANY RESULT: COMSAT CORP

Comsat Corp, Bethesda, Maryland-based satellite operator and digital networking services company, has reported a fourth-quarter net loss of $28.0m up from a loss last time of $11.5m on revenue down 0.6% at $141.4m. Net loss for the year to December 31 was $64.4m up from a losses last time of $8.6m on revenue that rose 3.2% to $562.6m.

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CBR Staff Writer

CBR Online legacy content.