Loral Space & Communications Inc. (Nasdaq:LORL) has announced their financial results for the three and nine months ended September 30, 2008.

Combined revenues and Adjusted EBITDA, including both the satellite manufacturing and the satellite services segments for the quarter, were $386 million and $114.4 million, respectively. Combined segment revenues and Adjusted EBITDA for the first nine months of the year were $1,154.9 million and $334.2 million, respectively. Comparisons to 2007 are not relevant because of the change in the satellite services business. All of Telesat's revenues and Adjusted EBITDA are included in the segment results. However, Telesat is reported under the equity method of accounting in the income statement reflecting only Loral's 64 percent economic interest. After eliminating the results of Telesat, revenues and Adjusted EBITDA for the quarter were $212.5 million and $5.9 million, respectively, and $639.1 million and $20.2 million for the first nine months, respectively. Notable achievements since the close of the second quarter include the successful launch of Telesat's Nimiq-4, strong bookings at Space Systems/Loral (SS/L) and the closing of a $100 million revolving credit facility for the manufacturing division. To read the entire financial report, access this direct link.