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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Apple

The company's long-rumored partnership with Apple is now a reality.

Why Globalstar Stock Crashed, Then Soared, Today

Globalstar had said it was working with a potential customer to deliver services two years ago. Now the investing public knows that potential customer is Apple.

Satellite company Globalstar stock soars after announcing deal with Apple for emergency communications

Shares of satellite company Globalstar Inc. spiked higher Wednesday after Apple Inc. announced a partnership with the satellite company to provide emergency services.

Globalstar clinches Apple iPhone 14 satellite deal; stock plunges

Satellite services firm Globalstar Inc said on Wednesday it will partner with Apple Inc for a feature on the company's flagship iPhone 14 series that will allow users to call for help during an emergency.

Apple picks Globalstar for satellite service on iPhone 14 series

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Why Globalstar Stock Soared 10% Higher Today Before Falling Back to Earth

PANAMA CITY--(BUSINESS WIRE)--Globalstar (NYSE American: GSAT), has partnered with Globalsat Group to deploy a jointly developed IoT solution powered by Globalstar's satellite network designed to monitor renewable energy stations located in remote areas of Latin America. The initial deployment will include 23,000 devices throughout the region with an expectation of additional opportunities in the short term. The energy stations, which are installed in remote areas, have historically presented c

Globalstar and Globalsat to Deploy IoT Solution for Monitoring of Renewable Energy Stations in Latin America

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended June 30, 2022. Dave Kagan, Chief Executive Officer of Globalstar, commented, "The first half of 2022 has been very strong with financial and operational achievements that I expect will propel us into an even better second half. Below is a discussion of certain of these recent highlights, including our financial performance, which continued to improve

Globalstar Announces Second Quarter 2022 Results

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Here is how Globalstar (GSAT) and i3 Verticals (IIIV) have performed compared to their sector so far this year.

Is Globalstar (GSAT) Outperforming Other Computer and Technology Stocks This Year?

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), a leading mobile satellite services and connectivity provider, today introduced Realm Enablement Suite, an innovative portfolio of satellite asset tracking hardware and software solutions featuring a powerful application enablement platform for processing smart data at the edge. With Realm, partners can accelerate new solutions to market with AI-enabled applications that generate an advanced level of telematics data. By de

Globalstar Introduces Advanced Edge Platform for Satellite Asset Tracking and Telematics Data

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), a leading provider of satellite-powered innovation, today announced the successful launch of the FM-15 spare satellite from Cape Canaveral's Kennedy Space Center. FM-15 is the 25th and final satellite of Globalstar's second-generation constellation, which was manufactured and stored by Thales Alenia Space. The satellite is expected to remain as an in-orbit spare and will only be raised to its operational orbit at a future

Globalstar Announces Successful Launch of Spare Satellite

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Globalstar offers mobile satellite services over a proprietary network of in-orbit satellites and active ground stations. In my view, if Globalstar continues to sign agreements with new partners, not only in the communications industry but also elsewhere, revenue will grow.

Globalstar: The Asset Tracking Industry Could Push The Stock Price Up

Here is how Globalstar (GSAT) and Jack Henry (JKHY) have performed compared to their sector so far this year.

Has Globalstar (GSAT) Outpaced Other Computer and Technology Stocks This Year?

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Globalstar (GSAT) delivered earnings and revenue surprises of 50% and 12.58%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Globalstar (GSAT) Reports Q1 Loss, Tops Revenue Estimates

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COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended March 31, 2022. Dave Kagan, Chief Executive Officer of Globalstar, commented, “The first few months of 2022 have been very active. As previously announced, we entered into a satellite procurement agreement with Macdonald, Dettwiler and Associates Corporation in February. These new satellites will ensure continuity of service to all of our existing and

Globalstar Announces First Quarter 2022 Results

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COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) today announced Dave Haight has joined Globalstar as vice president of IoT. Haight is a prominent telecom and IoT industry leader, with extensive experience driving network connectivity growth and developing impactful strategies to build partner channels and strategic relationships in IoT. Haight joins Globalstar after his success developing the IoT business at AT&T as well as other companies. He served as vice presiden

Globalstar Appoints Telecom Leader Dave Haight to Drive IoT Growth

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Globalstar (GSAT) delivered earnings and revenue surprises of 50% and 17.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Globalstar Stock (GSAT)