This quarterly report represents an earnings surprise of -42.86%. A quarter ago, it was expected that this satellite communications company would post a loss of $0.05 per share when it actually produced a loss of $0.14, delivering a surprise of -180%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Globalstar, which belongs to the Zacks Satellite and Communication industry, posted revenues of $60.03 million for the quarter ended March 2025, missing the Zacks Co ...

Globalstar (GSAT) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Rebecca Clary - VP & CFO Paul Jacobs - CEO Mike Crawford - SMD & Head of Discovery Group Operator Day, and thank you for standing by. Welcome to the Globalstar First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. You will then hear an automated message advising your hand is raised. ...

Globalstar (GSAT) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Day, and thank you for standing by. Welcome to the Globalstar First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. You will then hear an automated message advising your hand is raised. To withdraw your question, please press 11 again. Please be advised that today's conference is being recorded. ...

Core Insights - Globalstar is strategically positioned for growth through significant investments aimed at expanding its satellite constellations for mobile and MSS services, enhancing two-way communication, broadband, and voice capabilities across its networks [1] Investment Strategy - The company is focusing on large-scale investments to bolster its operational capabilities, which may lead to increased market competitiveness and service offerings [1]

Globalstar, Inc. (GSAT) officially inaugurated its cutting-edge Satellite Operations Control Center (“SOCC”) at its headquarters in Covington, LA, on March 17. This milestone represents a major enhancement of Globalstar’s operational capabilities, strengthening its strategic growth as it drives next-generation satellite and connectivity solutions.The SOCC is a crucial investment in Globalstar’s future, facilitating superior satellite fleet management, optimizing network performance and laying the groundwork ...

Globalstar, Inc. (GSAT) has teamed up with GCT Semiconductor Holding Inc. (GCTS) to engineer two-way satellite messaging systems for its mobile devices and modules. The initiative integrates GCTS’ cutting-edge IoT and 4G/5G semiconductor technology into Globalstar’s next-generation product suite. The partnership was unveiled ahead of the Mobile World Congress (MWC) in Barcelona, where both companies will be showcasing their latest innovations from March 3-6.Following the collaboration announcement, GSAT’s s ...

Globalstar (GSAT) Q4 2024 Earnings Call February 28, 2025 07:53 PM ET Company Participants Rebecca Clary - VP & CFOPaul Jacobs - Director & CEOMike Crawford - SMD & Head of Discovery GroupSimon Flannery - Managing DirectorWalter Piecyk - General PartnerChris Quilty - Co-CEO & PresidentLyman Delano - PartnerGeorge Sutton - Partner- Co-Director of Research Operator Good day and thank you for standing by. Welcome to the Globalstar Fourth Quarter twenty twenty four Earnings Conference Call. At this time, all pa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to (Mark One) Commission File Number 001-33117 GLOBALSTAR, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organi ...

Globalstar, Inc. (GSAT) reported fourth-quarter 2024 loss of 42 cents per share, wider than the loss of 14 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at a loss of 5 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues of $61.2 million surpassed the Zacks Consensus Estimate by 2.1%. The top line rose 16.7% year over year. This revenue growth was driven by a solid increase in service revenues.Shares of GSAT declined approximately 12% in the pre-ma ...

Globalstar, Inc. (NASDAQ:GSAT) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Rebecca Clary - VP & CFO Paul Jacobs - CEO & Director Conference Call Participants Mike Crawford - B. Riley Securities Simon Flannery - Morgan Stanley Walter Piecyk - LightShed Partners Chris Quilty - Quilty Space Lyman Delano - Beck, Mack & Oliver George Sutton - Craig-Hallum Operator Good day, and thank you for standing by. Welcome to the Globalstar Fourth Quarter 2024 Earnings Conference Call ...