GlobalStar (GSAT) Reports Q2 results; offers outlook

GlobalStar (NYSE: GSAT) reported Q2 Revenue for the quarter at $55.07 million.

GUIDANCE:

Total revenue between $200 million and $230 million, which would represent an increase of approximately 35% to 55% over 2022 total revenue; Adjusted EBITDA margin of approximately 55%, compared to 39% in 2022.

For earnings history and earnings-related data on GlobalStar (GSAT) click here.

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