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.

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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.

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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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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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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Apple's Satellite iPhone Plans Are Questioned, and Space Stocks Are Falling

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On Monday, Globalstar Inc. (NYSEAMERICAN:GSAT) shares spiked more than 55% on the news the iPhone 13 will have satellite connectivity. According to the reports, Apple's latest model of the iPhone will use satellite to facilitate text and calls in areas without 4G and 5G coverage.

Globalstar stock spikes on reports iPhone 13 will use satellite connectivity: time to buy?

A game-changing deal with a tech titan could help satellite communications go mainstream.

Why Globalstar Stock Skyrocketed Today

Apple

Globalstar Inc. (NYSE:GSAT) shares were skyrocketing higher Monday after a note sent out by an Apple Inc. (NASDAQ:AAPL) analyst suggesting Apple could partner with Globalstar on bringing low-earth-orbit satellite communications functionality in the iPhone 13. The stock was trending throughout the day on social media sites.

Globalstar Stock Skyrockets On Possible Apple Deal

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Globalstar (GSAT) stock is heading into orbit on Monday following rumors that it could team up with Apple (AAPL) on the iPhone 13. The post Globalstar Apple Rumors: The iPhone 13 Chatter That Has GSAT Stock Skyrocketing Today appeared first on InvestorPlace.

Globalstar Apple Rumors: The iPhone 13 Chatter That Has GSAT Stock Skyrocketing Today

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

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.

News for Globalstar Stock (GSAT)