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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On Tuesday, Globalstar Inc. (NYSEAMERICAN:GSAT) shares plummeted more than 23% after the latest Apple Inc. (NASDAQ:AAPL) event failed to confirm satellite connectivity for the iPhone 13.  Investors had rallied GSAT shares in the days leading to the event on speculation that the new iPhone would have satellite connectivity, thereby allowing users to call and text […] The post Globalstar shares plummet 23% on iPhone 13 news: should you buy or sell?

Globalstar shares plummet 23% on iPhone 13 news: should you buy or sell?

The stock price of Globalstar, Inc. (NYSEAMERICAN: GSAT) fell by over 22% today. This is why it happened.

GSAT Stock: Why It Significantly Decreased Today

Why Globalstar Stock Just Crashed 21%

Reports that the new iPhone had chips for connecting to satellites helped push shares of Globalstar higher. Now it's tumbling.

Apple iPhone 13 Doesn't Appear to Be Satellite Compatible. Globalstar Stock Is Tumbling.

Shares of Globalstar Inc. GSAT, -19.36% took an afternoon dive Tuesday, as investors expressed disappointment that Apple Inc. AAPL, -1.16% did not say its new iPhone 13s would support satellite communications. The mobile satellite services company's stock sank 19.4%, after being down 5.3% just before the start of Apple's iPhone 13 launch event.

Globalstar's stock takes a dive after Apple didn't say its new iPhone supports satellite communications

Globalstar, Inc. (NASDAQ: GSAT) shares are trading lower by 18.9% at $1.85 following Apple's fall hardware event. Traders were optimistic about Globalstar working with Apple to implement satellite capabilities to iPhones.

Why Globalstar Shares Are Falling

The stock price of Globalstar, Inc. (NYSEAMERICAN: GSAT) fell by over 12% today. This is why it happened.

GSAT Stock: Why It Decreased Today

Even with some pullback, the company's share price has skyrocketed 570% year to date.

Here's Why Globalstar Stock Just Crashed 12%

A recent regulatory filing by satellite communications provider Globalstar Inc. (NYSE: GSAT) has “nothing to do” with tech giant Apple Inc. (NASDAQ: AAPL), according to Mark Gurman, a leading Apple watcher. What Happened: Globalstar's filing with the Federal Communications Commission (FCC) last week is actually related to a project the Louisiana-based company is working on with NASA and does not mention Apple's name at all, Gurman noted in the latest edition of his “Power On” newsletter for Bloomberg.

Globalstar FCC Filing Doesn't Relate To Any Potential Apple Partnership, Says Analyst

Investors are targeting Apple's upcoming media event as a possible game-changer for the satellite communications provider.

Why Globalstar Stock Soared 30% Today

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Circulation of an FCC document on social media platforms reignited the Globalstar and Apple collaboration rumor on Wednesday.

Globalstar soars 28% as iPhone 13 inclusion rumors continue to swirl ahead of Apple's event next week

Today, investors in Globalstar and GSAT stock are seeing intense buying pressure as traders speculate on an Apple partnership. The post GSAT Stock: The Huge Reason Globalstar Shares Are Skyrocketing Today appeared first on InvestorPlace.

GSAT Stock: The Huge Reason Globalstar Shares Are Skyrocketing Today

Globalstar Inc. (NYSE:GSAT) shares are skyrocketing higher Wednesday after a FFC permit has been circulating with traders. The permit being circulated says that Apple Inc. (NASDAQ:AAPL) is one of the company's customers.

What's Next For Globalstar's Stock Amid Apple Rumor?

The stock price of Globalstar, Inc. (NYSEAMERICAN: GSAT) increased by over 28% during intraday trading. This is why it happened.

GSAT Stock: Over 28% Increase Explanation

Globalstar, Inc. (NASDAQ: GSAT) shares are trading higher by 10.6% at $2.30 as traders circulate an FCC Permit showing Apple as one of the company's customers. Globalstar is trading higher by 14.4% over the past five sessions and 62% over the past month amid increased interest in the retail investor space.

Why Globalstar Shares Are Rising Today

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Globalstar is paying down its debt with the help of a friend.

Why Globalstar Stock Just Popped 9%

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Investors need to pay close attention to Globalstar (GSAT) stock based on the movements in the options market lately.

Do Options Traders Know Something About Globalstar (GSAT) Stock We Don't?

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A potential deal between Apple and a leading satellite communications company put a rocket under the group Monday. Here's how to trade the move.

Satellite Stocks Rocket Amid Apple (AAPL) Partnership Speculation

Apple is only planning to include satellite connectivity features for emergency purposes, such as allowing users to send texts to first responders.

Globalstar falls 14% after report says iPhone satellite connectivity is for emergencies only and won't be in iPhone 13

Bloomberg just popped Globalstar's bubble.

Why Globalstar Stock Just Crashed 13%

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Satellite stocks are giving back some of those gains after some reports dig deeper into Apple's reported plans for space-based communications.

News for Globalstar Stock (GSAT)