Yahsat reports double digit rise in Q3 2022 revenue
The company attributed its revenue growth to the performance of its managed solutions business, which serves the requirements of the UAE government, including related bodies and entities.
The company attributed its revenue growth to the performance of its managed solutions business, which serves the requirements of the UAE government, including related bodies and entities.
The company has raised its projected revenues for 2022 to at least $420m, keeping the upper end of the range unchanged at $440m.
The launch of new satellites presents significant growth opportunities across Yahsats business, and will further bolster contracted backlog and secure long-term financial outlook.