Globalstar, Inc. (GSAT)
Market Cap | 2.06B |
Revenue (ttm) | 226.96M |
Net Income (ttm) | -54.76M |
Shares Out | 1.89B |
EPS (ttm) | -0.03 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 5,854,086 |
Open | 1.130 |
Previous Close | 1.120 |
Day's Range | 1.080 - 1.130 |
52-Week Range | 1.010 - 2.130 |
Beta | 0.85 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 31, 2024 |
About GSAT
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, S... [Read more]
Financial Performance
In 2023, Globalstar's revenue was $223.81 million, an increase of 50.71% compared to the previous year's $148.50 million. Losses were -$35.32 million, -86.32% less than in 2022.
Financial StatementsNews
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
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...
Globalstar Announces Participation at MWC Las Vegas 2024
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 La...
Liquid Intelligent Technologies and Globalstar Partner to Deliver High-speed 5G Access Solutions Across Africa, the Middle East, and the Gulf
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 connecti...
FCC Reauthorizes Globalstar's HIBLEO-4 Constellation
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 Commu...
Globalstar, Inc. (GSAT) Q2 2024 Earnings Call Transcript
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 - ...
Globalstar Announces Second Quarter 2024 Financial Results
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...
Globalstar, Inc. Earnings Release and Call Notice
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) will announce its second quarter 2024 financial and operating results on Thursday, August 8, 2024 before the market opens. The r...
Globalstar, Inc. (GSAT) Q1 2024 Earnings Call Transcript
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 Confer...
Globalstar Announces First Quarter 2024 Financial Results and Operational Updates
COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS AND OPERATIONAL UPDATES.
Globalstar Celebrates 10,000 Rescue Milestone with SPOT Brand Giveaway
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), the leader in satellite messaging and emergency notification technologies, today announced a 10,000 rescue milestone. This achi...
Globalstar to Participate in Upcoming Investor Conferences
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company's exec...
Globalstar, Inc. (GSAT) Q4 2023 Earnings Call Transcript
Globalstar, Inc. (GSAT) Q4 2023 Earnings Call Transcript
Globalstar Announces 2023 Financial Results
COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES 2023 FINANCIAL RESULTS.
Globalstar Announces Commercial Availability of XCOM RAN Multipoint Radio System for Private Network Wireless Optimization; Solution Being Deployed by Major Global Retailer
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) today announced the commercial availability of XCOM RAN, a multipoint radio access network (RAN) that delivers greater capacity ...
Globalstar: The Positives And Negatives Weigh Into A Hold Rating
Globalstar reported positive Q3 2023 earnings with a 53% increase in total revenue and a 17% gain in Commercial IoT Services revenue. The company's future guidance estimates a 45-55% increase in reven...
Globalstar, Inc. (GSAT) Q3 2023 Earnings Call Transcript
Globalstar, Inc. (NYSE:GSAT) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Paul Jacobs - CEO Rebecca Clary - VP & CFO Timothy Taylor - VP, Finance, Business Operat...
Globalstar Announces Third Quarter 2023 Results
COVINGTON, La.--(BUSINESS WIRE)--Globalstar Announces Third Quarter 2023 Results.
Week Of 08/28 Notable Insider Buys
Energy Transfer LP, Cassava Sciences, and PENN Entertainment Inc. were discussed in last week's insider trades update. CEO of Sirius XM Holdings Inc., Jennifer Witz, purchased 250,000 shares for over ...
Apple-backed Globalstar inks $64M launch contract with SpaceX
Globalstar, a satellite network operator backed by Apple, has purchased launches from SpaceX worth $64 million, according to regulatory filings. The launches, which are scheduled for 2025, will send a...
Globalstar: Ex-Qualcomm Additions Spur Shares Into Growth Mode (Technical Analysis)
Former Qualcomm CEO and another former Qualcomm heavyweight join Globalstar. GSAT's technical chart shows a bullish breakaway gap, indicating potential upside momentum. Positive operating profit and s...
Globalstar CEO Paul Jacobs talks Apple partnership and competition with SpaceX
Paul Jacobs, Globalstar CEO and former Qualcomm CEO, joins 'Closing Bell Overtime' to talk competing with Elon Musk's SpaceX, the cost of launching satellites and partnering with Apple.
Apple partner Globalstar taps former Qualcomm exec Jacobs as CEO
Globalstar on Tuesday named former Qualcomm top boss Paul Jacobs as its CEO, sparking a near 20% surge in the shares of the satellite firm behind Apple's emergency communication services.
Globalstar Appoints Dr. Paul Jacobs as Chief Executive Officer; Announces Agreement to License XCOM Labs Technology
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) (“Globalstar”) today announced that Paul E. Jacobs, Ph.D., founder and CEO of XCOM Labs and former CEO and Executive Chairman of...
Globalstar, Inc. (GSAT) Q2 2023 Earnings Call Transcript
Globalstar, Inc. (NYSE:GSAT) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants James Monroe - Executive Chairman Timothy Taylor - VP, Finance, Business Operations & Stra...
Globalstar Announces Second Quarter 2023 Results
COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES SECOND QUARTER 2023 RESULTS.