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

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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.

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COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), a leading mobile satellite services and connectivity provider, today introduced Realm Enablement Suite, an innovative portfolio of satellite asset tracking hardware and software solutions featuring a powerful application enablement platform for processing smart data at the edge. With Realm, partners can accelerate new solutions to market with AI-enabled applications that generate an advanced level of telematics data. By de

Globalstar Introduces Advanced Edge Platform for Satellite Asset Tracking and Telematics Data

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), a leading provider of satellite-powered innovation, today announced the successful launch of the FM-15 spare satellite from Cape Canaveral's Kennedy Space Center. FM-15 is the 25th and final satellite of Globalstar's second-generation constellation, which was manufactured and stored by Thales Alenia Space. The satellite is expected to remain as an in-orbit spare and will only be raised to its operational orbit at a future

Globalstar Announces Successful Launch of Spare Satellite

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Globalstar offers mobile satellite services over a proprietary network of in-orbit satellites and active ground stations. In my view, if Globalstar continues to sign agreements with new partners, not only in the communications industry but also elsewhere, revenue will grow.

Globalstar: The Asset Tracking Industry Could Push The Stock Price Up

Here is how Globalstar (GSAT) and Jack Henry (JKHY) have performed compared to their sector so far this year.

Has Globalstar (GSAT) Outpaced Other Computer and Technology Stocks This Year?

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Globalstar (GSAT) delivered earnings and revenue surprises of 50% and 12.58%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Globalstar (GSAT) Reports Q1 Loss, Tops Revenue Estimates

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COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended March 31, 2022. Dave Kagan, Chief Executive Officer of Globalstar, commented, “The first few months of 2022 have been very active. As previously announced, we entered into a satellite procurement agreement with Macdonald, Dettwiler and Associates Corporation in February. These new satellites will ensure continuity of service to all of our existing and

Globalstar Announces First Quarter 2022 Results

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COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) today announced Dave Haight has joined Globalstar as vice president of IoT. Haight is a prominent telecom and IoT industry leader, with extensive experience driving network connectivity growth and developing impactful strategies to build partner channels and strategic relationships in IoT. Haight joins Globalstar after his success developing the IoT business at AT&T as well as other companies. He served as vice presiden

Globalstar Appoints Telecom Leader Dave Haight to Drive IoT Growth

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Globalstar (GSAT) delivered earnings and revenue surprises of 50% and 17.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Globalstar (GSAT) Reports Q4 Loss, Tops Revenue Estimates

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COVINGTON, La.--(BUSINESS WIRE)--Globalstar Announces 2021 Financial Results and Business Update

Globalstar Announces 2021 Financial Results and Business Update

The announcement of the signing of a significant contract for new satellite procurement has sent GSAT stock soaring in today's session. The post GSAT Stock Alert: Why Is Globalstar Soaring 20% Higher Today?

GSAT Stock Alert: Why Is Globalstar Soaring 20% Higher Today?

Globalstar, Inc. (NASDAQ: GSAT) shares are trading higher by 16.3% at $1.12 Thursday afternoon after the company announced it signed a contract with MDA for new satellites. The company reports fourth-quarter earnings after the close today.

What's Going On With Globalstar Shares Today?

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COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) today announced that the Company has entered into a satellite procurement agreement (the “Procurement Agreement”) with Macdonald, Dettwiler and Associates Corporation (“MDA”) pursuant to which Globalstar will acquire 17 new satellites that will replenish and extend the life of Globalstar's existing constellation. Globalstar is acquiring the satellites to provide continuous satellite services to the potential customer under

Globalstar Signs Contract With MDA for New Satellites

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Camber Energy, Inc (NYSE: CEI), Clover Health Investments Corp (NASDAQ: CLOV) and Globalstar, Inc (NYSE: GSAT) are all trading higher in strong downtrends. A downtrend occurs when a stock consistently makes a series of lower lows and lower highs on the chart.

Camber Energy, Clover Health, Globalstar Stocks Continue Lower In Key Trend: Will The Bloodbath End?

The shares of Globalstar, Inc. (NYSEAMERICAN: GSAT) received a price target of $2.35 from B. Riley. These are the details.

News for Globalstar Stock (GSAT)