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Globalstar Expands Satellite Reach With First C-3 Tracking Antenna
ZACKS· 2025-07-02 14:10
Core Insights - Globalstar, Inc. has successfully installed its first 6-meter tracking antenna, Clifton-8, for the C-3 mobile satellite system, marking the beginning of a significant global initiative to enhance its ground infrastructure as part of the Extended MSS Network [1][11] - The company plans to deploy over 90 new antennas across approximately 35 ground stations in 25 countries, which includes major upgrades to existing infrastructure and the establishment of new ground stations to improve global connectivity [3][11] - Globalstar's commitment to high-performance satellite communications is driven by increasing demand for mobile connectivity across various industries and remote areas [4] Financial Performance - In the last reported quarter, Globalstar achieved revenues of $60 million, reflecting a 6% year-over-year increase, primarily due to higher service revenues [8] - The company has reiterated its financial outlook for 2025, projecting revenues between $260 million and $285 million, with an expected adjusted EBITDA margin of approximately 50% [9] Strategic Developments - Globalstar is enhancing its spectrum and wholesale capacity services, particularly in government and consumer sectors, with its Band n53 being a critical resource for 5G innovation [6] - The company has inaugurated a new Satellite Operations Control Center in March 2025, which significantly enhances its operational capabilities and supports its strategic growth in next-generation satellite solutions [7] - A partnership with GCT Semiconductor Holding aims to develop two-way satellite messaging systems for mobile devices, integrating advanced IoT and 4G/5G semiconductor technology into Globalstar's product offerings [8]
Credo Technology Group (CRDO) 2025 Conference Transcript
2025-06-10 18:20
Credo Technology Group (CRDO) 2025 Conference June 10, 2025 01:20 PM ET Speaker0 Joining us at the Mizuho Tech Conference. I'm Vijay Rakesh, senior semis analyst for Mizuho. And joining me today is Bill Brennan, CEO of Crudo Semiconductor. Bill, welcome. Thank you for joining us, and I appreciate the So for more than twenty five years, Bill has been leading and scaling organizations to deliver steady revenue growth and profit. Bill joined Crudo in 2013, leading the company to his IPO in January 2022. He has ...
KORE(KORE) - 2025 Q1 - Earnings Call Transcript
2025-05-15 22:02
KORE Group (KORE) Q1 2025 Earnings Call May 15, 2025 05:00 PM ET Company Participants Vik Vijayvergiya - Vice President, Investor RelationsRonald Totton - President & CEOPaul Holtz - Executive VP, CFO & Treasurer Conference Call Participants Scott Searle - Managing Director, Senior Research AnalystLance Vitanza - MD & Senior Analyst Operator Greetings, and welcome to Core Group Holdings Incorporated First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A q ...
Airgain(AIRG) - 2025 Q1 - Earnings Call Transcript
2025-05-07 22:02
Airgain (AIRG) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants Jacob Suen - President & CEOMichael Elbaz - CFO & Secretary Conference Call Participants Anthony Stoss - AnalystScott Searle - Managing Director, Senior Research AnalystTim Savageaux - MD & Senior Research Analyst Operator Good afternoon. Welcome to Airgain's First Quarter twenty twenty five Conference Call. My name is Diego, and I will be your operator for today's call. Joining us today are Airgain's President and CEO, Jacob ...
Credo Technology (CRDO) - 2025 Q3 - Earnings Call Transcript
2025-03-05 02:01
Credo Technology Group Holding Ltd (NASDAQ:CRDO) Q3 2025 Earnings Conference Call March 4, 2025 5:00 PM ET Company Participants Dan O'Neil - VP, Corporate Development and IR Bill Brennan - CEO Dan Fleming - CFO Conference Call Participants Vivek Arya - Bank of America Securities Tom O'Malley - Barclays Karl Ackerman - BNP Paribas Quinn Bolton - Needham & Company Tore Svanberg - Stifel Vijay Rakesh - Mizuho Sean O'Loughlin - TD Cowen Christopher Rolland - Susquehanna Richard Shannon - Craig-Hallum Suji Desil ...
Stonegate Capital Partners Updates Coverage on Valens Semiconductor Ltd. (VLN) Q4 2024
Newsfile· 2025-02-27 21:48
Stonegate Capital Partners Updates Coverage on Valens Semiconductor Ltd. (VLN) Q4 2024February 27, 2025 4:48 PM EST | Source: Reportable, Inc. Dallas, Texas--(Newsfile Corp. - February 27, 2025) - Valens Semiconductor Ltd.(NYSE: VLN): Stonegate Capital Partners updates their coverage on Valens Semiconductor Ltd. (NYSE: VLN). In FY24, Valens Semiconductor faced significant headwinds, mirroring the broader struggles of the semiconductor industry amid market slowdowns and inventory corrections. D ...