GlobalStar (GSAT) Tops Q3 EPS by 5c

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Go back to GlobalStar (GSAT) Tops Q3 EPS by 5c

Globalstar Announces Third Quarter 2015 Results

November 5, 2015 4:18 PM EST

COVINGTON, La., Nov. 5, 2015 (GLOBE NEWSWIRE) -- Globalstar, Inc. (NYSE MKT: GSAT) today announced its financial and operating results for the third quarter of 2015.

Jay Monroe, Chairman and CEO of Globalstar, commented, "During the quarter, we continued to push forward on our ground infrastructure upgrades, while also building out our sales infrastructure and distribution networks in new geographies and developing new products for Duplex, SPOT and Simplex. I am pleased to announce that the first test calls over our second-generation ground network were recently completed. The calls originated at our network operations center in... More