GlobalStar (GSAT) Tops Q3 EPS by 3c

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Globalstar Announces Third Quarter 2018 Results

November 1, 2018 4:15 PM EDT

COVINGTON, La.--(BUSINESS WIRE)-- Globalstar, Inc. (NYSE American: GSAT) today announced its financial results for the quarter ended September30, 2018.

Jay Monroe, Executive Chairman of Globalstar's Board of Directors, commented, Last month, we were thrilled to announce the promotion of Dave Kagan to Chief Executive Officer. Dave has had an extraordinary career in the satellite industry and this success has continued during in his short time at Globalstar. I will remain in my capacity as Chairman of the Board to manage the Company's strategic opportunities, including our efforts related to terrestrial spectrum and financing."... More