Intelsat S.A. has reported results for the three months ended March 31, 2010. Intelsat S.A. reported revenue of $621.1 million and a net loss of $102.6 million for the three months ended March 31, 2010. The company also reported Intelsat S.A. EBITDAi, or earnings before net interest, loss on early extinguishment of debt, taxes and depreciation and amortization, of $445.8 million, and Intelsat Luxembourg Adjusted EBITDAi of $483.1 million, or 78 percent of revenue, for the three months ended March 31, 2010.

“First quarter 2010 performance was as anticipated in light of the previously reported events that are restraining our growth in the first half of 2010,” said Intelsat CEO, David McGlade. “Our confidence in our business is well-founded. Our attractive contract backlog, which increased to $9.5 billion at the end of the first quarter, provides stability to our business and visibility into our future revenue streams. Our goal is to deliver sustainable growth over the long term. With new capacity entering service on our network and solid demand for the services we provide, we will continue to execute on our business plan. As we progress, we look forward to an improving growth profile in the second half of 2010.” To read the entire financial report, select this direct link.