GlobalStar (GSAT) Reports In-Line Q4 EPS

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/2/2026

1. INTC
2. AMZN
3. COIN
4. RDDT
5. PINS
6. FSLR
7. DASH
8. SYK
9. SBUX
10. SNDK

Go back to GlobalStar (GSAT) Reports In-Line Q4 EPS

Globalstar Announces 2015 Fourth Quarter and Annual Results

February 25, 2016 4:15 PM EST

COVINGTON, La., Feb. 25, 2016 (GLOBE NEWSWIRE) -- Globalstar, Inc. (NYSE: GSAT) today announced its financial and operating results for the fourth quarter and year ended December 31, 2015.

Jay Monroe, Chairman and CEO of Globalstar, commented, Throughout 2015, including through the fourth quarter of the year, we remained focused on executing our operational initiatives and continuing to drive our regulatory proceeding. We added nearly 50,000 subscribers on our network last year, including 26,000 SPOT subscribers. In the fourth quarter, Duplex gross additions increased 29% from the last quarter of 2014 as we focused on an expanded international presence and... More