C-COM Satellite continues to battle market headwinds as revenues drop 30% in Q2

Satellite stock image new

C-COM Satellite Systems’ revenues fell more than 30 per cent in the second quarter compared with a year earlier due to continued “sluggish market conditions” driven by fears of a looming recession and “anxiety related to geopolitical tensions,” the firm says.

Already an Insider? Log in

Get Instant Access to This Article

Become an Ottawa Business Journal Insider and get immediate access to all of our Insider-only content and much more.

Get our email newsletters

Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.

By signing up you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time.