GlobalStar (GSAT) Reports In-Line Q2 EPS

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Go back to GlobalStar (GSAT) Reports In-Line Q2 EPS

Globalstar Announces Second Quarter 2022 Results

August 4, 2022 4:15 PM EDT

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 significantly in the second quarter led by a revenue increase of over 21%. This increase in revenue contributed to an... More