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 Q4 2020

Earnings data Q1 2021

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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.

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Globalstar's technology could enable iPhone users to make calls and texts without 4G or 5G cell service, according to Apple analyst Ming-Chi Kuo.

Globalstar soars 68% amid speculation that upcoming iPhone 13 will include its satellite technology

Globalstar Inc. (NYSEAMERICAN: GSAT) shares jumped about 50% this morning as AppleInsider cited analyst Ming-Chi Kuo's note that said Apple Inc. (NASDAQ: AAPL) might collaborate with the Louisiana-based company to make its upcoming iPhone 13 come with satellite communication connectivity. “A customised version of the Qualcomm X60 baseband chip that Apple is expected to use […] The post Globalstar shares are up 50% on Monday: here's why appeared first on Invezz.

Globalstar shares are up 50% on Monday: here's why

Apple

Shares of Globalstar Inc. GSAT, +44.41% are up 49% in Monday morning trading after a report indicated that Apple Inc. AAPL, +2.16% may be looking to add satellite communications to its next iPhone and could work with Globalstar to do so. MacRumors cites a report from analyst Ming-Chi Kuo saying that Apple's iPhone 13 will offer low-earth orbit (LEO) satellite communications that will let users send messages or make calls even if they don't have 4G or 5G cellular connections.

Globalstar stock rockets after report says Apple could add satellite communications to next iPhone

News from AppleInsider that its iPhone 13 will be able to utilize satellite communications is giving satellite services provider Globalstar, Inc. (NYSE:GSAT) a massive boost this morning.

Globalstar Stock Surges on Major Apple Satellite Update

Shares of Globalstar, a satellite services provider, surged following a report that the newest iPhone will have the ability to utilize satellite communications.

Shares of Globalstar soar 60% on rumor iPhone 13 will use satellites directly

The stock price of Globalstar, Inc. (NYSEAMERICAN: GSAT) increased by over 20% pre-market. This is why it happened.

GSAT Stock: Over 20% Increase Pre-Market Explanation

What's Moving: Globalstar Inc (NYSE: GSAT) shares are trading about 30% higher at $1.86 in the pre-market session on Monday. The Covington, Louisiana-based satellite communications company's shares last closed 5.9% higher at $1.43 on Friday.

Why Globalstar Stock Is Ripping Through The Roof Today

Apple Inc. (NASDAQ:AAPL) could partner with Globalstar Inc. (NYSE:GSAT) to bring satellite communication connectivity to the upcoming iPhone 13 models, according to a note from Apple analyst Ming-Chi Kuo, AppleInsider reported. What Happened: A customized version of the Qualcomm X60 baseband chip that Apple is expected to use in the iPhone 13 will support low-earth-orbit (LEO) satellite communications, Kuo reportedly said in the note.

Apple Could Bring Satellite Communications To iPhone 13 In Partnership With Globalstar, Says Analyst

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No doubt, patient GSAT stock holders are waiting for a catalyst to lift the share price. One scenario could send the stock to $3 or higher.

Globalstar Stock Could Pop If Large Deal Is Secured

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GSAT stock has secured partnerships with telecoms giants and is forging a path that makes it very interesting. The post Globalstar Stock Could Leverage Big Partnerships Into Big Profits appeared first on InvestorPlace.

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COVINGTON, La.--(BUSINESS WIRE)--Globalstar Announces Second Quarter 2021 Results

Globalstar Announces Second Quarter 2021 Results

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Globalstar (GSAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Globalstar (GSAT) Q2 Earnings Expected to Decline

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Satellites are ideal for location-based tracking and personnel safety management – and GSAT stock offers exposure to this emerging niche. The post Discover the Possibilities of Satellite Technology with Globalstar appeared first on InvestorPlace.

Discover the Possibilities of Satellite Technology with Globalstar

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GSAT stock holders can boost their expectations as Globalstar announces a partnership in the crisis-assistance-services niche market. The post Globalstar Offers Cheap Exposure to the Satellite Communications Niche appeared first on InvestorPlace.

Globalstar Offers Cheap Exposure to the Satellite Communications Niche

News for Globalstar Stock (GSAT)