Globalstar

Globalstar, Inc. engages in the provision of mobile satellite services. It offers voice and data communications services to the following markets: recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, natural resources, mining, and forestry, construction, utilities, and transportation. The company was founded in November 2003 and is headquartered in Covington, LA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Globalstar reports strong revenue growth and strategic partnerships in Q4

Globalstar's Q4 2022 earnings call highlighted strong financial performance and key milestones in spectrum and partnerships.
The company's focus on wholesale business, core MSS business, and terrestrial spectrum assets positions it for growth.
Challenges include detailed disclosure on satellite constellation and navigating regulatory and funding hurdles.
Opportunities lie in the Qualcomm partnership, global expansion, and pursuing terrestrial spectrum leases.

Globalstar reports stellar Q1 performance, eyes growth through innovation

Globalstar's Q1 2023 performance reflects robust growth, improved financial metrics, and strategic initiatives driving market relevance and competitiveness.
While challenges exist in maintaining growth momentum and navigating partnerships, the company's focus on innovation and expansion presents significant opportunities for future success.
Overall, Globalstar's transformative developments and positive outlook signal a promising trajectory for revenue growth, cash generation, and market positioning.

Globalstar reports stellar Q2 results, eyes growth in IoT and satellite technology

Globalstar's Q2 2023 showcased exceptional financial performance with significant revenue and EBITDA growth, bolstering liquidity and outlook for the year.
The company's strengths lie in advancing Band 53 initiatives, satellite constellation construction, positive SPOT business outlook, and robust IoT activation growth.
Challenges include market undervaluation and regulatory discussions, while opportunities arise from potential stock appreciation, international expansion, and technological advancements.
Overall, Globalstar's strong performance, strategic initiatives, and growth prospects position it well for sustained success and shareholder value creation.

Globalstar reports record Q3 growth, eyes satellite technology opportunities

Globalstar's Q3 2023 performance reflects robust financial growth and strategic positioning in the market, driven by innovation and differentiation strategies.
While facing challenges in R&D, spectrum licensing, and technology development, Globalstar is actively pursuing opportunities in satellite connectivity and consumer demand for high data rate connections.
The company's focus on strategic partnerships, technological advancements, and market expansion underscores its commitment to long-term growth and success.

Globalstar reports robust 2023 performance and strategic growth initiatives

Globalstar's strong 2023 performance, strategic partnerships, and focus on satellite and IoT businesses position the company for growth in 2024.
Challenges lie in maintaining growth momentum, navigating competitive landscapes, and effectively managing operational complexities.
Opportunities exist in expanding IoT business, exploring new market segments, and leveraging strategic decisions for future success.
Clear communication and strategic planning will be key in addressing challenges and capitalizing on opportunities for sustained growth.

Globalstar (GSAT) reports strong Q1 earnings, eyes growth opportunities

Globalstar's Q1 2024 performance demonstrated revenue growth and improved margins, underlining operational efficiency and market demand.
While facing challenges such as revenue uncertainties and regulatory hurdles, the company's strengths in guidance, financial stability, and diversified pipelines position it well for future growth.
Opportunities in product development, service expansion, and market confidence signal a positive outlook for Globalstar's continued success in the telecommunications sector.

Globalstar reports robust Q3 results, eyes growth through strategic deals

Globalstar's Q3 performance reflects strong revenue growth and improved profitability, supported by enhanced EBITDA margins.
While facing challenges in execution and leverage management, the company is well-positioned to capitalize on growth opportunities.
Strategic agreements, revenue guidance raise, and technological advancements position Globalstar for continued success and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Asbury Automotive Group

Aquestive Therapeutics Inc

Westlake Chemical Partners LP

Xometry

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and sparking community discussions on their potential. Xometry's AI-driven procurement software in a specialized B2B marketplace shows high-growth potential to Bert Hochfeld, making it a promising investment. Grassroots Trading argues that Boston Scientific's acquisition of Axonics enhances its urology offerings, positioning it strongly in the sacral neuromodulation field.

Undercovered Dozen: Asbury Automotive, Globalstar, Northland Power, Aquestive Therapeutics +

Globalstar, Inc. (NYSE:GSAT ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Paul Jacobs - CEO Rebecca Clary - VP and CFO Conference Call Participants Walter Piecyk - LightShed Partners Simon Flannery - Morgan Stanley Logan Lillehaug - Craig-Hallum Griffin Boss - B. Riley Securities Operator Good day and thank you for standing by.

Globalstar, Inc. (GSAT) Q3 2024 Earnings Call Transcript

COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS.

Globalstar Announces Third Quarter 2024 Financial Results

Globalstar's share price jumped after the announcement of a significant expansion of its partnership with Apple. Apple is providing Globalstar with capital and the relationship should provide additional high-margin revenue in time. XCOM and Globalstar's terrestrial spectrum should also provide a substantial growth boost in coming years.

Globalstar: Upside Still Not Fully Priced In

Apple

The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.

Apple Will Invest $1.5 Billion In Globalstar To Expand Satellite Services

Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite provider said in a regulatory filing on Friday.

Apple to invest up to $1.5 bln in Globalstar for satellite coverage expansion

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services. The tech giant has already been spending hundreds of millions for Globlastar services, which enabled the 2022 rollout of iPhone emergency satellite texting.

Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services

The satellite company will deliver expanded services to Apple over a new mobile services network, the company said Friday.

Globalstar Stock Jumps 58% After Agreement With Apple

COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR, INC. EARNINGS RELEASE AND CALL NOTICE.

Globalstar, Inc. Earnings Release and Call Notice

GSAT's Band 53 drives mission-critical applications with CBRS carrier aggregation through a strategic partnership with other tech innovators.

Globalstar Combines Band 53 Spectrum With CBRS: Stock to Gain?

LAS VEGAS--(BUSINESS WIRE)--MWC Las Vegas. Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, today announced that Band 53 spectrum will be used to enable high-value and mission-critical applications through carrier aggregation with Citizens Broadband Radio Service (CBRS) in the United States. In a significant move, Globalstar is collaborating with Global Telecom, Alliance, and Hawk Networks, which builds on the Althea platform, to.

Globalstar's Band 53 Spectrum to Be Used for Mission-Critical Applications in Combination With CBRS Through a Collaboration With Global Telecom, the Althea Platform, and Alliance

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that it will participate in MWC Las Vegas 2024. Tamer Kadous, Vice President of Terrestrial Networks, will participate in the Private Network Summit at MWC Las Vegas on Tuesday, October 8 at 2:00 pm PDT. Mr. Mirabal will discuss private network early adopters and use cases with Globalstar's XCOM RAN solution for creating easier imp.

Globalstar Announces Participation at MWC Las Vegas 2024

AST SpaceMobile

SpaceX and T-Mobile aim to offer free emergency "Direct to Cell" text capability for cellphones within the next few months. The companies will make use of SpaceX's 6,000-plus Starlink satellite network to offer the new service.

Prediction: SpaceX Starlink Will Compete With AST SpaceMobile

Iridium Communications

Volatile macroeconomic conditions remain concerns for the Zacks Satellite and Communication industry participants like Iridium (IRDM), Globalstar (GSAT) and Eutelsat Group (EUTLF).

3 Stocks to Watch From the Satellite and Communication Industry

Globalstar (GSAT) and Liquid Intelligent Technologies aim to provide uninterrupted 5G connectivity across Africa, the Middle East and the Gulf.

Globalstar (GSAT) to Boost 5G Infrastructure With Strategic Tie-Up

LONDON--(BUSINESS WIRE)--Liquid Intelligent Technologies (Liquid), a business of Cassava Technologies, a leading technology group, is pleased to announce a strategic partnership with American connectivity innovator Globalstar to deliver advanced 5G connectivity solutions across Africa, the Middle East, and the Gulf. Strive Masiyiwa, founder and Chairman of Liquid Intelligent Technologies said, “I'm really excited by the connectivity solutions now emerging from breakthroughs in 5G private networ.

Liquid Intelligent Technologies and Globalstar Partner to Deliver High-speed 5G Access Solutions Across Africa, the Middle East, and the Gulf

Globalstar (GSAT) secures a 15-year extension of its senior HIBLEO-4 authorization from the U.S. Federal Communications Commission, allowing it to operate up to 26 replacement satellites.

Globalstar's (GSAT) HIBLEO-4 Authorization Extended by FCC

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, today announced that the United States Federal Communications Commission (“FCC” or “the Commission”) has issued an order granting Globalstar's application to extend the term of its senior HIBLEO-4 authorization by an additional 15 years and operate up to 26 replacement satellites. The Commission's reauthorization enables Globalstar, with over two de.

FCC Reauthorizes Globalstar's HIBLEO-4 Constellation

Globalstar, Inc. (NYSE:GSAT ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Paul Jacobs - CEO Rebecca Clary - VP and CFO Conference Call Participants Mike Crawford - B. Riley Securities Logan Lillehaug - Craig-Hallum Operator Good day, and thank you for standing by.

Globalstar, Inc. (GSAT) Q2 2024 Earnings Call Transcript

Globalstar (GSAT) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to break-even earnings per share a year ago.

Globalstar (GSAT) Reports Q2 Loss, Tops Revenue Estimates

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) today announced its financial results for the second quarter ended June 30, 2024. "Globalstar reported record revenue during the second quarter, driven primarily by growth in wholesale capacity services and other recent business initiatives. The high-margin nature of this revenue contributed to a 20% increase in Adjusted EBITDA and an increase in cash on hand to $64 million as of June 30, 2024," commented Rebecca Clary, Chi.

Globalstar Announces Second Quarter 2024 Financial Results

Accuray

Aurora Innovation

When it comes to investing in top penny stocks, a word of caution. Always do your due diligence before buying.

3 Penny Stock Lotto Tickets With 100X Potential

Atossa Genetics

By now, you're well aware of the dangers of trading penny stocks with upside. But as a reminder, not only will you find a disclaimer at the tail-end of this article about penny stock dangers, but here's what the U.S. SEC says: “ Penny stocks may trade infrequently — which means that it may be difficult to sell penny stock shares once you have them.

3 Penny Stock Moonshots with 300%+ Upside Potential by 2025

Globalstar, Inc. (NYSE:GSAT ) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Rebecca Clary - VP and CFO Kyle Pickens - VP, Strategy Jay Monroe - Executive Chairman Conference Call Participants Simon Flannery - Morgan Stanley Mike Crawford - B. Riley Securities George Sutton - Craig-Hallum Charles Morris - Greenhouse Lyman Delano - Beck Mack & Oliver Operator Good afternoon, ladies and gentlemen.

Globalstar, Inc. (GSAT) Q1 2024 Earnings Call Transcript

COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS AND OPERATIONAL UPDATES.

News for Globalstar Stock (GSAT)